Quote from: stompix on April 17, 2024, 03:02:18 PM

Quote from: Ojima-ojo on April 17, 2024, 02:49:31 PM

Have memecoins becomes widely accepted?

Since Dogecoin has no smart contracts and no ordinals on the chain, seems like it shouldn't be as a surprise to anyone that cheap fees and acceptance everywhere have made it top sometimes by 4 to 5 times the transactions on Bitcoin.Even on this forum that starts with "bitcoin" people end up dealing in doge, ltc and usdt because of fees, you can see the usage washing away.

In my opinion people are dealing in alternate currencies because nobody is developing off-chain solutions to move all the junk to.

Every time a large amount of a certain kind of auxiliary transaction is made, people need to be looking into how to best optimize the fees for it.

The problem is that bitcoin protocol development is currently paralyzed so it's basically whatever we have in 2021 to deal with all of these new things.