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Topic: Limits of POW - page 2. (Read 671 times)

sr. member
Activity: 840
Merit: 375
June 07, 2018, 04:54:54 PM
#1
Hello,
Last year,precisely December-January 2017 when Bitcoin and all cryptocurrency were skyrocketing we clearly saw the limits of POW where there was huge amounts of non-confirmed transactions,fees were outrageous I saw some paying $30-$80 of fees,people who have their transactions not confirmed since 48 hours and in my opinion that what resulted a huge panic sell.We can clearly see that POW has limits so why Satoshi choosed it knowing that it will slow down Bitcoin's progress.
Thanks
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