Topic: Bitcoin has not learned anything in past 3 years - page 2. (Read 281 times)

Talking with many people on Discord and Telegram they say Bitcoin is developed very strong and solved main problems.

One of this "development" was implementing SegWit in October 2017.

These Bitcoin Maxis say, with a more and more use of this, the problem of expensive transactions that happend in Dec 2017 is solved.

I can say this is wrong.

Nearly 3 years later after this development, still rare people use it because they are not forced to use.

Even Binance use very old adresses for deposit with a 1 at the beginning.

The result can been seen e.g. on first of May, 16:10 Central European Time (I can provide a screenshot) where 50.000 unconfirmed transactions are in the line and there is a fee of 0.00097 BTC/kvB.

So in worse case (I know its not like this) 50000 user wait for their transaction beeing solved.

And this time some rising pice but not a real bull run.

What will happen if BTC is really accepted.

Lightning Network need also be fundet and is in alpha test phase and its totally unclear if its a save solution APart from that has nothing to do with idea of Sathosi and Bitcoin.


And some simple answer why this happens:
1) Bech32 was set a standart very late in Bitcoin Core for receving adress (about Version 19.0)

2) Main part Bitcoin developers are phobic of any hard fork with the block size or block time.
When you have 10 Mbs blocks and 2 min block time without any other changes, you can have the TX volume as VISA

Your thoughts please :-)