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Please study the technology before making such claims. SegWit quadruples capacity, and lowers fees-- in fact the lower fees is one of the objections that resul
by rothbardrand 9y ago
Please study the technology before making such claims. SegWit quadruples capacity, and lowers fees-- in fact the lower fees is one of the objections that resulted in BCH. The only reason there is any congestion on BTC is that the creators of BCH -- the "big blockers" have been spamming the network-- to drive up fees. If you have a significant portion of the mining hash power you can spam BTC with transactions to drive up fees and make a profit.
It's not core that wants high fees-- why would they?
Most people don't know of BCH and since it was done in such a half assed manner most wallets don't really support it yet.
- theprotocol 9y ago>SegWit quadruples capacity Not according to this: https://segwit.org/is-segwit-a-block-size-increase-705df6a8731d https://segwit.org/is-segwit-a-block-size-increase-705df6a87... Can you address it? Thanks.
- ericb 9y ago> It's not core that wants high fees-- why would they? https://www.reddit.com/r/btc/comments/6uw5kf/why_does_core_refuse_to_increase_block_size_and/ https://www.reddit.com/r/btc/comments/6uw5kf/why_does_core_r...