Bitcoin Forum

Bitcoin => Bitcoin Discussion => Topic started by: imyashir on January 12, 2018, 03:29:49 PM



Title: Bitcoin slowly transaction
Post by: imyashir on January 12, 2018, 03:29:49 PM
why bitcoin is very slow in transactionality, but the ethereum transacts even faster. What is the reason for bitcoin's transaction delay? Is the miner or the number of transactions now or is it possible for BTC's Forking that many would like to avail a free token. Sometimes it's annoying for bitcoin's transaction speed especially if you need money for emergency.



Title: Re: Bitcoin slowly transaction
Post by: Satish147 on January 12, 2018, 03:35:35 PM
Previously only few people know about bitcoin, so only few transactions happened around bitcoin until it reaches its capacity and the awareness around bitcoin increased dramatically and no of transactions also increased. Apart from this due to huge increase in price of bitcoin the transaction fee cost is increased which should be paid only in bitcoin to the miners.