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Topic: Are we ready for the big pump? - page 2. (Read 229 times)

staff
Activity: 3500
Merit: 6152
February 23, 2018, 02:46:04 AM
#2
If by crash you mean the exchanges not handling traffic then this looks like It's done on purpose with the resources they have to own the best servers.

Bitcoin Core 0.16.0 (final version) has been tagged so It should released in the upcoming days, I expect most exchange to implement SegWit (assuming that they were serious in the past when they said they are waiting for this release). A transaction with 1sat/byte (currently) can get confirmed after a few blocks only so as long as we have no spam attacks, we're good.

LN developers already warned about using it on the mainnet, yet people are still doing it. So, It may take sometime before we see it in action (I'd say the end of the year maybe). You can see the testing results here: https://cdecker.github.io/lightning-integration/ (see this video  Grin https://vimeo.com/256250634 )

legendary
Activity: 3542
Merit: 1965
Leading Crypto Sports Betting & Casino Platform
February 23, 2018, 01:41:01 AM
#1
We are moving closer to the phase where Bitcoin usually take a upward momentum, but the question is : Are we Ready?

Most of our Bitcoin exchanges have a tendency to "crash", when we need them the most. < Is this capacity issues or is this being done on purpose? >

Will we reach high enough SegWit adoption before this push? Will SegWit prevent a repeat of the previous disaster?

Will the Lightning Network be mature enough for people to push micro transactions via it's channels and not on-chain on the Blockchain?

Time will surely tell if we will have enough scaling to handle the next big push! Ladies and Gentlemen, make sure your software are ready and secure for the next big Bitcoin storm!
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