4 ms·
More systems have been switched over to the segwit native addresses, which have cheaper transactions. A simple transaction can be as low as 30ct nowadays.
by kaetemi 5y ago
More systems have been switched over to the segwit native addresses, which have cheaper transactions. A simple transaction can be as low as 30ct nowadays.
- gruez 5y agoUnder the best case comparison (legacy P2PKH compared to native segwit), segwit is only 50% smaller. Under more realistic comparisons (P2SH segwit vs native segwit), the difference is much smaller. Is a 100% increase in transaction volume (more realistically I estimate 50%) enough to make the network go from congested with sky high fees (I remember periods where the clearing rate was 200+ sat/byte) to almost zero congestion?