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> […] and the Segwit part worked. But since that took some pressure off […] Pressure on what? Transaction backlog? Hardly, the fees are higher than they've eve
by wereHamster 9y ago
> […] and the Segwit part worked. But since that took some pressure off […]
Pressure on what? Transaction backlog? Hardly, the fees are higher than they've ever been and we have 100k transactions in the mempool.
The minority of transactions use segwit, blocksize still remains a big issue, even if we now have means to cram more transactions into a block, but hardly anybody uses it.
It took pressure off of the Bitcoin Core team (and blockstream), because segwit is what's needed to get lightning to work. Then they lost interest in the second part (increasing the blocksize) and that's (partly) why it fell through.