Post
Topic
Board Bitcoin Discussion
Re: Any idea when the Bitcoin Mempool will stop being so congested?
by
Wind_FURY
on 30/10/2020, 10:26:15 UTC

Why are Bitcoin miners not speeding up and expediting the confirmations? Is it for personal gain? in that case that means Bitcoin is centralized and not decentralized because miners can control its fees?


I noticed that there has been more misinformed posts and questions than normal about the mempool, based on a lack of understanding of Bitcoin, how it works, its inticracies, and its "imperfections".

Please research, and understand how it works before posting misstatements, and find out that its "imperfections" actually are caused by important design-decisions that make Bitcoin robust and censorship-resistant.


If you can't explain why the fee is so high and you only say it's only a matter of "supply and demand" so supply and demand cannot explain why the stock market goes up or why it goes down but overall there is a rational to it and overall it does go up like real estate ... however Bitcoin is much more anonymous than the stock market, so I was asking for a rational behind this which so far I didn't get except for the first poster who somehow explained it might be related to China.

 

Included my post to you for everyone to see the context.

I can explain, but as someone who has a service that pays in Bitcoin, do you actually want to learn and understand how Bitcoin works, and know why the network is the way it is? Or with that reply, are you simply trolling?