Post
Topic
Board Bitcoin Discussion
Re: What plans to deal with more and more unconfirmed transactions
by
jko4
on 22/12/2017, 04:11:32 UTC
There are thousands of unconfirmed transactions lately.core team is there any plan?

One plan was already deployed, that was the segwit activation, but wallets and exchanges are still taking to long to adopt it. I mean do you have a segwit enabled wallet right now? If you had, and other users had it to, and exchanges, etc, the fees would be a little lower, just because of that.
The other plan, is of course the development of the Lightning Network, and that one should solve the problems once and for all. The problem is, that no one knows when this will happen, and people are not very patient normally. Bitcoin exploded to soon, and most people are just searching for fast profits, and don't understand that they need to wait for the technology to mature.
User need to pay a fee to open LN channel and he need to pay a fee to close LN channel.
It's near $100 today and $10000 in three months.
Who and why will pay this to use LN network on bcore while there are many free alternatives around?