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February 13, 2018, 12:32:23 AM |
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There has been a soft fork which 'basically' increased the block size 4x. But the majority of people didn't make use of this soft fork yet.. SegWit. If exchanges/online wallets and the majority of users would switch over to segwit, the fees would be clearly lower.
The network was congested 2 months ago, but currently 50 sat/B are enough to get your TX confirmed within the next block and 20 sat/B are enough for the next 3 blocks. Additional segwit usage could decrease the fees even more to < 10-15 sat/B (since more transactions would fit into a block).
In addition to that the Lightning network is being explored and tested at the moment. Once it will get ready (and will get a big userbase) you won't have to pay fees for every transaction anymore.
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