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RE: User Activated Softfork Proponents Aiming At Pushing Segwit By End of Summer

in #bitcoin8 years ago

Something needs to happen. I mean if the lag in transaction time is going to continue to get worse because of the growth of popularity then it will be become useless to trade. Actually unavoidable unless you are trading large quantities. I heard months ago someone say from the litecoin team i think that they expected bitcoin to cover only large transaction while litecoin and segwit would handle the smaller everyday transactions. I dont think this is feasible. To purchase bitcoin or to trade without worry of transaction fee being too large or the time it will take is very important for the long term success.