Quote from: MarcelToma on November 15, 2017, 03:11:33 AM

I have 2 concerns about the congestion issue.

First, the number of transaction and ppl adopting bitcoin grow faster and even valid transactions will have to wait days for confirmation.

Second, I saw the discussions of ppl involved in segwit2x and all other modification in the bitcoin protocol, the problem here is that the consensus about adopting a change in it is basically up to developers and miners. Well, miners just want things the way it is now, it is more profitable and they will probably take it to a extreme until they are forced to do a change.

Anyone knows any news that would address this issues?

Please, don't use your on rage on me, I just want a calm and thoughtful discussion.

1. Bitcoin transaction volume capacity
This is calculation for that: (average)

=> Block = 1 block/10 minutes, 6 block/hour & 144 block/day.
=> Block Size: 1mb/block
=> Transactions/block: 2150
Total capacity/day: 309.6000

Doesn't matter how much fee you willing to pay, doesn't matter hash rate we have....that number will not changed.
Because of this you need pay bigger free to get prioritized by miner, but when transactions volume higher than max volumes, doesn't matter how much fee you willing to pay....your transaction will stuck.

2. Segwit2
Miner doesn't agree with this because if block size bigger, so automatically will include all transactions. No one willing to pay transactions fee, and miner doesn't want this to happen.

right now we are on status quo...and this will keep continue. I don't know when this will resolved, this involving money and people interest....

This main reason i want to quit, because soon transaction will become bigger and bigger, new people come and most people will not accept their transactions stuck for few days. This could lead bitcoin fall....trust gone.

blackcoiner

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