Despite the record low commission, bitcoin holders do not rush to use their coins: the number of confirmed BTC-transactions reached a two-year low. This is evidenced by the data Blockchain.info.
Judging by the schedule, the decline in transaction activity is directly proportional to the drop in the bitcoin rate after the records of last year, when the coin grew to $ 20 thousand on some major exchanges. The two-year minimum came on February 26, when only 180 thousand transactions were made, on March 5 - slightly more than 197 thousand.
Despite the release of the Segregated Witness (SegWit) protocol and its implementation on the Coinbase and
Bitfinex exchanges, the increase in speed and the reduction in commissions seem to be of less interest to crypto-enthusiasts than potential profits. According to SegWit Party website, the new protocol is already used when committing about 30% of transactions in Bitcoin.
In addition, P2P-service Localbitcoins also recorded a six-month low, last week the volume of trading was less than $ 57 million.
https://forklog.com/kolichestvo-bitkoin-tranzaktsij-dostiglo-dvuhletnego-minimuma/
Last week, a new version of Bitcoin Core 0.16.0 software with full support for SegWit and native addresses of the bech32 format was released. Activation of the SegWit protocol in the bitcoin network took place in August 2017.
Every thoughtful article worth reading. Thanks for the enlightenment.
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Interesting article!!! Is it a sign of maturity maybe? Crypto enthusiasts seem to think a lot before spending or generally use their coins like they did some months ago. It is possible that cryptos enter into a new era... We 'll see... i upvoted your post and follow you. Have a nice day!
Thank you for the kind words of a friend, I will also follow you
Thank you very much!!! Let's keep in contact and exchange our infos and ideas, let's create projects! Have a nice day my friend!
Simple really - all the little guys hoping to make a gazillion left the market. And the largest creator of new accounts and transfers (USI-Tech) stopped all withdrawals while they make key changes
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