Quote from: LegendaryK on November 16, 2022, 07:41:50 PM

If bitcoin had ever bothered to increase onchain transaction capacity, this would be a non issue,
but since btc is limited, people start complaining when it's transaction network is used.

Lame.

If you would read around, you would have been seeing this explanation of mine:

Quote from: NeuroticFish on November 16, 2022, 11:16:40 AM

Quote from: T0asti on November 16, 2022, 12:27:18 AM

It explains how we got there, but doesn't elaborate on what that means for Bitcoin.

I think that a better term would be "congested".
What it means for bitcoin, nothing.
What it means for miners, a bit more income.
What it means for bitcoiners, a bit higher transaction fees if they're in a hurry. If nothing special happens, all this will be gone in less than 5 days.

Also, if you would have been looking on the actual topic, you would have seen that people are trying to see what are Binance's reasons for this move, not actually about the congestion of the mempool.
But instead you chose to be political. And lame.

Quote from: tygeade on November 16, 2022, 08:50:21 PM

Quote from: NeuroticFish on November 16, 2022, 08:33:41 AM

Some people on Twitter are implying that maybe Binance is leaving behind the legacy addresses and moves everything to pure SegWit.

If that is the case then I do agree that it would be a great deal. I understand that there are still a few people who rather use the legacy ones, but they need their hands to be pushed in order to either move to segwit, or just not be involved with the mainstream crypto anymore.

Indeed, it would be great, although I still have a feeling that this move was meant to hide something under the carpet.

And I don't agree fully with your stance on legacy addresses. They are still good and should still be used by people. Many have old wallets they don't change for security reasons, many have collectible items funded on legacy addresses. Of course, many use legacy simply because they lack certain knowledge, but they will learn. So the individuals still using Legacy are okay imho.
On the other hand services like Binance, services that create a great number of transactions should have been migrated to SegWit long ago. They would have saved quite some money with that. Actually now they should already implement LN. So it's a good step, but already late.