Post
Topic
Board Bitcoin Discussion
Re: What are the biggest disadvantage of bitcoin ?
by
lekleklek
on 20/04/2018, 16:33:23 UTC
What's preventing Bitcoins from being accepted as mainstream payment forms? I'm working on a new blockchain and would like to learn what drawbacks of Bitcoin urgently need to be improved Wink


There are two disadvantages that I don't like about bitcoins: the slow transfer rate and the expensive transaction fees. These problems have been around for quite some time now and I hope the bitcoin community might do something about it. Like some adjustment to bitcoins.

I think most maximimalists would argue that Bitcoin scaling takes time and that slow transactions aren't really that slow when the network isn't busy, and if it is, we need layer 2 solutions.