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Author Topic: [2017-09-05] Bitcoin fees in decline  (Read 2385 times)
sheld0n (OP)
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September 05, 2017, 07:15:57 PM
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After the long-awaited activation of the Bitcoin network’s upgrade SegWit many questions quickly arose about when and how bitcoin users would start to enjoy its benefits.
Once wallets and users employ the new SegWit format, blocks can theoretically grow as large as four megabytes each. In practice, however, developers have stated that they’ll be more likely to see 1.7 to 2.1 megabytes blocks. 80 wallet developers, exchanges, pools, and other Bitcoin projects indicated that they were ready for Segwit prior to activation, out of a of 137 entities listed on bitcoincore.org.
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