Post
Topic
Board Development & Technical Discussion
Re: Will SegWit be enough to reduce fees?
by
Random Seller
on 23/02/2018, 03:52:05 UTC
I guess it all depends on the use the network will have. Right now we have low fees again, because there are no spam attacks going, and most users don't really do anything with their coins. The fees problem was greatly caused by exchanges like coinbase and gemini, but they seem to be finally correcting the problem by adoptiing segwit and batching their transactions.

I don’t think the current fee decrease is due to exchanges adopting Segwit and batching transactions.

1) Segwit adoption has not increased.
http://segwit.party/charts/

2) Num transactions has been going down but transaction value is also going down.
https://blockchain.info/charts/estimated-transaction-volume
If more transactions were batches shouldn’ t transaction value being going up?

I believe it’s just lower transaction volume.