4 ms·

That’s not true at all in practice. If it were then we’d be seeing 2x as many transactions confirming after SegWit went live (we’re not).

• warbiscuit 9y ago
  Segwit was a soft-fork upgrade. It only takes effect if you move to a Segwit compatible wallet and send from there. Which tells me people don't actually care enough, or they'd be doing that. Which makes me wonder about the validity of the majority of the complaints.
  • Daishiman 9y ago
    Maybe because nobody's using Bitcoin as a currency and it's all speculation. Currencies actually get used for transactions...
    • phaemon 9y ago
      That's an interesting theory, considering this story is about someone using Bitcoin for a transaction. EDIT: it's Friday, be nicer me
    • warbiscuit 9y ago
      That doesn't fit. Per bitinfocharts.com the coin with the highest txn rate is Ethereum, followed closely by Bitcoin. The others are far behind. I'd say it's seeing a lot of use.
• nadaviv 9y ago
  The capacity was increased (more than doubled). Now its a matter of utilizing this new capacity by upgrading to SegWit-supporting wallets. Note that upgrading your own wallet to SegWit immediately saves you about 50% on mining fees, regardless of whether other network participants upgraded or not.