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Author Topic: Bitcoin unconfirmed transactions can be solved?  (Read 107 times)
Hobo66 (OP)
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January 05, 2018, 03:57:52 PM
 #1

I'm sad to see allot of complains about stuck bitcoin unconfirmed transactions,
users bitcoin have been stuck for days with no confirmation in the blockchain.

How will this issue be solved?.

Is this because we bitcoiners are cheaping out on the fees?.

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stompix
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January 06, 2018, 03:09:07 AM
 #2

How will this issue be solved?.

Segwit usage and LN

Is this because we bitcoiners are cheaping out on the fees?.

No.
It is because there are too many transactions and too little space int he blocks for them.
It's like a bus station where every 10 minutes a bus comes but there are 200 new travelers wanting to board.

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jseverson
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January 06, 2018, 03:53:13 AM
 #3

Some people may say that this coming to light is a bad thing, and it may really be in the short term, but it's better in the long run. You can't fix a problem you can't acknowledge after all. The urgency may just push everyone involved to fast track solutions.

What we can do at the moment is use Segwit ourselves, but since most of the traffic come from exchanges, I doubt we'll experience substantial relief. What everyone should do is to pressure exchanges to adopt Segwit. They have to listen to their customers at some point. Losing money is sure to urge them to take action.

Other than that, all we can really do is wait for the Lightning Network to be ready.

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