Post
Topic
Board Bitcoin Discussion
Re: Will Bitcoin have faster transations with lower or no fees?
by
aso118
on 13/12/2017, 23:00:39 UTC
The main problem of BTC transations is the unpredicteble time to receive the payments. Will Bitcoin in the future have faster transations? And what about the fees? Will the fees decrease on the future? What solutions are being developed? What will be the future of Bitcoin about these questions?

I guess it the future will be possible to have small fees and transactions will become faster than of today, because if more miners will mine bitcoin transactions it will help to prevent congestion of block-chain network. If this will happen there will be more day trades and the circulation of bitcoin trading will improve a lot better, so buy and sell will become more prominent.


Stop spewing rubbish if you have no idea about how Bitcoin works. There is no correlation between the number of miners and confirmation times. Congestion of the bitcoin network is caused due to large number of transactions. This will be solved only if the block size increases or if other scaling solutions are developed.