Bitcoin Forum
May 04, 2024, 10:57:07 PM *
News: Latest Bitcoin Core release: 27.0 [Torrent]
 
   Home   Help Search Login Register More  
Pages: « 1 2 [3]  All
  Print  
Author Topic: What is the plan to fix slow transactions and high fees?  (Read 2913 times)
poloniexwhale
Sr. Member
****
Offline Offline

Activity: 280
Merit: 250


View Profile
February 18, 2017, 04:26:16 AM
 #41

SegWit, Bitcoin unlimited and 8 MB are the major solutions to us, the most popular one is SegWit, but it is still difficult to fully implement.

If you see garbage posts (off-topic, trolling, spam, no point, etc.), use the "report to moderator" links. All reports are investigated, though you will rarely be contacted about your reports.
Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction.
1714863427
Hero Member
*
Offline Offline

Posts: 1714863427

View Profile Personal Message (Offline)

Ignore
1714863427
Reply with quote  #2

1714863427
Report to moderator
dominikherzog5
Full Member
***
Offline Offline

Activity: 121
Merit: 100



View Profile
February 18, 2017, 04:30:00 AM
 #42

I think segwit is plan to fix slow transaction and high fees from developers,
unfortunately it is not activated because there are some people ( what I know the miners )
who disagree with activation of segwit and they won't update the software.
So we must wait and see other solution and what is the best can be accepted
by all of comunity of bitcoin until this problem finish.
why some people disagree it?
fast transaction and low fee will bring more people to use it
densuj
Legendary
*
Offline Offline

Activity: 910
Merit: 1000


View Profile
February 18, 2017, 03:08:36 PM
 #43

I think segwit is plan to fix slow transaction and high fees from developers,
unfortunately it is not activated because there are some people ( what I know the miners )
who disagree with activation of segwit and they won't update the software.
So we must wait and see other solution and what is the best can be accepted
by all of comunity of bitcoin until this problem finish.
why some people disagree it?
fast transaction and low fee will bring more people to use it
Some people usually the miners, they are disagree with segwit because
if it be activated bitcoin will become like fiat money the government or corporations
can be control the bitcoin and the other reason bitcoin's network will be down.
dunfida
Legendary
*
Offline Offline

Activity: 3080
Merit: 1130



View Profile
February 18, 2017, 03:12:04 PM
 #44

I always pay recommanded fees and it only takes 3-4 minutes to confirm.
No, no it does not.
You are right it doesn't always rely on recommended fees since transaction confirmation would really depend on the blockchain network because if there are lots of unconfirmed transactions no matter how big you will pay on the tx fee it would still took long.I don't know how to fix this at all since bitcoin cant really be controlled neither fix or edit the blockchain network.

Pages: « 1 2 [3]  All
  Print  
 
Jump to:  

Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!