Post
Topic
Board Bitcoin Discussion
Re: btc transaction fee is way too much and btc transactions are way too slow
by
Upgrade00
on 24/09/2020, 19:12:37 UTC
so who and when will solve that problem?
There have been Bitcoin improvement proposals over the years aimed at improving the cost of transaction such as segwit. Some are also being implemented currently - Schnorr and Taproot.

There are personal measures you can take to reduce the fee you spend on transaction;
• Consolidate your small inputs of reduce the size of future transactions
• Use segwit addresses
• Time your transactions so you spend low fees during times when the mempool is clear.