Post
Topic
Board Bitcoin Discussion
Re: Lightning Network and Segwit
by
CryptoBry
on 15/12/2017, 05:33:51 UTC
Sending small amount of BTC nowadays is not viable at all because of the fees. Will LN greatly help solve the current issue of high transaction fees? Also, why is Segwit not implemented by popular exchanges like Coinbase and some online wallets when it could help lower the transaction fees? I've read that the adoption rate of Segwit is merely 15-18% only and have already fallen low. If ever LN does come, would it be widely accepted or just the same as Segwit?

There is no question that Bitcoin now has a big problem due to the high cost of the transaction fees which is kinda insulting to Bitcoin itself because it is supposed to be cheap and fast. Now, Bitcoin holders are complaining to high heavens but only a few are listening. This is already akin to shooting yourself on the foot. This has to be solved ASAP and hope that Bitcoin has not become like a bureaucratic government where solutions can take ages to be implemented. The best people who can tell us why exchanges are not fully implementing the SegWit are the people from the exchanges themselves...maybe we should ask their official stand on this pivotal matter.