Re: Bitcoin transactions settled instantly: Can this be reality one day ?
Bitcoin transactions settled instantly without confirmations: Can this be reality one day ?
Before now how long does it take to settle a Bitcoin transaction? Can that be compared to how long it does now? Most definitely not, so yes a time is coming when this will be a reality. There are several advancements that are going on with Bitcoin over the years and the area of transactions time is of great consideration which has improved over time and so this makes something to bank on to really improve much better in the nearest future. With the involvement of many bigger institutions and governments in Bitcoin, most definitely all of that will be settled and not be an issue to bother about with time.
If the development you are talking about Bitcoin, it's already on Bitcoin Lightening network where transactions are settled withing seconds and later broadcasted to the Bitcoin main network. There is nothing in the future about transaction speed that we don't have now. If you are expecting Bitcoin to have lightening transaction on the main chain, it's possible but it's not going to happen because of decentralization and security of Bitcoin, it was purposely allowed to be this way.
What we may have in the future is lowest transaction fees, you can see that's already happening.
As you can see, there are some miners that are accepting transactions lower than 1 sats/vbytes, wallet like Trezor suite are supporting transactions <1sats and more are coming, this is ttw future.