An 8MB Block Found on the Bitcoin Cash Blockchain Clears 37K Transactions
https://news.bitcoin.com/bitcoin-cash-8mb-block-479469-clears-over-37000-transactions/
Yet there are currently 137904 unconfirmed transactions waiting to clear off the bitcoin (NOT CASH) blockchain and some folk who can't afford ridiculous transaction fees are waiting for days for their transactions to clear.
This is why something needs to be done about the monopoly of a certain few over how the blockchain is utilised.
Desperately seeking answers as to why the status quo might be a good thing - e.g. perhaps the transaction delay stops run-away speculation? Or the miners who do find a block profit more? Rarity or un-obtainability increases value?
What are your thoughts?
https://news.bitcoin.com/bitcoin-cash-8mb-block-479469-clears-over-37000-transactions/
Yet there are currently 137904 unconfirmed transactions waiting to clear off the bitcoin (NOT CASH) blockchain and some folk who can't afford ridiculous transaction fees are waiting for days for their transactions to clear.
This is why something needs to be done about the monopoly of a certain few over how the blockchain is utilised.
Desperately seeking answers as to why the status quo might be a good thing - e.g. perhaps the transaction delay stops run-away speculation? Or the miners who do find a block profit more? Rarity or un-obtainability increases value?
What are your thoughts?