Post
Topic
Board Bitcoin Discussion
Re: Fees have been low after Segwit's growing adoption. Thanks Segwit.
by
Rahar02
on 30/08/2018, 22:20:31 UTC
It really surprises me how many people and services are still not using Segwit though.
Now, these last couple of months, the percentage of Segwit transactions has steadily risen to just under 50%, but that can still be much better.

Indeed, segwit adoption improving transaction speeds and lowering costs and this feature has been around for over a year but still, there are many exchanges and wallet providers not integrating it. Although segwit has significantly decreased the number of pending transactions in the Bitcoin mempool but I would like to see it tested during high-rate transactions per second such as happened before when bitcoin price spike to $20,000 whether it’ll prove to be invulnerable to spam attacks in its current incarnation or not. To deal with it, the ideal number for segwit adoption needs to be at least above 75%.