What is the Reason the BTC Transactions are Still slow. And Even that expensive also.
Bnb and xrp Nice cheap and smooth.
And ETH is Not cheap to send but at least its fast.
But erc 20 tokens... Like USDT its stupid and insane how high are fees!!
What is the Main Reason the BTC creators Can't fix that Old stupid problem?
I m Kind of person I Want quality of everything.
And no time for bs.
Maybe the buterin and binance owner Can teach satoshi and garlinghouse how to make Better coin in terms of speed!!
Those coins that you are talking about are centralized and controlled by some people. BNB and XRP to be exact. They can change anything they want according to their own will. I have also heard that USDT is somewhat centralized and your wallet can be frozen.
BTC is completely decentralized. Slow confirmation and high fee mainly happens due to network being underload. By underload I mean high traffic. Block size r limited, hence the miners can't put in all transactions in one block. If you want to get your transaction included in the block, you will have to prioritize it by paying high fee. Now if you want to change the block size, you will have to change the protocol. Since it is decentralized just one person can't change it. A greater portion of people must agree to the change for this to happen.