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Why is transaction fees going up for Bitcoin? What is the solution?
42 sats \ 7 comments \ @spot 9 Nov 2023 bitcoin
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15 sats \ 0 replies \ @DarthCoin 9 Nov 2023
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0 sats \ 4 replies \ @0xbitcoiner 9 Nov 2023

It's hard to find a solution for this because this situation happens because there is demand for block space. Law of supply and demand.

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0 sats \ 3 replies \ @spot OP 9 Nov 2023

Will there be block size increase any time soon.

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0 sats \ 2 replies \ @0xbitcoiner 9 Nov 2023

I don't think it's going to happen. Don't you remember the block wars that led to Bitcoin Cash, Dogecoin, and so on?

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0 sats \ 1 reply \ @spot OP 9 Nov 2023

So what's the solution, for peer to peer electronic cash. Is it lightning?

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0 sats \ 0 replies \ @0xbitcoiner 9 Nov 2023

Yes, the Lightning Network is a great solution for instant transactions.
p2p already happened on btc chain

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0 sats \ 0 replies \ @Zepasta 9 Nov 2023

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