Post
Topic
Board Nigeria (Naija)
Re: Was Bitcoin scalability ever an issue?
by
DEAstriker
on 11/11/2023, 12:52:42 UTC
Scalability has been a major issue for Bitcoin since its inception. The number of transactions that the Bitcoin network can process is limited by its block size, which is currently 1 MB. This has led to long transaction times and high fees. Some people have proposed solutions, such as SegWit and Lightning Network, but these have not been widely adopted. Scalability remains a major challenge for Bitcoin.