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I don't really consider bitcoin to be the absolute solution. But it's certainly flexible enough to be a great solution. With increasing transaction volumes the
by ashray 13y ago
I don't really consider bitcoin to be the absolute solution. But it's certainly flexible enough to be a great solution.
With increasing transaction volumes the bitcoin network is lately having some issues confirming transactions with low or no fees. Furthermore, with the appreciation of bitcoin/usd value the minimum transaction fee (hardcoded at 0.0001 BTC) is getting too high. (Rising from 0.05 to 0.08 cents)
The thing is, bitcoin is still very much a WIP project, a beta if you will. It still needs more bright people working on it to improve it.