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The mempool is pretty empty, transactions costs are very low at the moment. I think there was a brief spike in mempool usage and fees around the time paypal ann
by nkuttler 6y ago
The mempool is pretty empty, transactions costs are very low at the moment. I think there was a brief spike in mempool usage and fees around the time paypal announced their bitcoin option, but that didn't last.
- The_Colonel 6y agoAh, interesting. If bitcoin is adopted more and more transactions will come, will the problem return again (and perhaps not just as spike). Or is there some technological solution?
- mateuszf 6y agohttps://en.wikipedia.org/wiki/Lightning_Network https://en.wikipedia.org/wiki/Lightning_Network
- arcticbull 6y agoNobody uses it, it locks up your money and if an intermediate node loses power or network connectivity sorry for your loss.
- Fnoord 6y ago> loses power or network connectivity Ah, now I understand the name "Lightning Network". Cheers!
- arcticbull 6y agoThere isn’t a technical solution anyone in the community agrees on, and hadn’t in over 12 years. The only proposal is “layer 2” which is agnostic to the underlying asset and would function just as well with gold.