OK nerds, has this fork improved the transaction times and fees? I'm hodling

CryptosapienZA

full member

Activity: 378

Merit: 101

Quote from: rhyso on August 02, 2017, 05:35:36 AM

So the fork happened, we have BCH and BTC.

has this seemed to have acheived what it set out to do for BTC?

I am still a bit confused by it all but I have stored offline and with private keys.

Interesting times.

I am sure some of you nerds out there have your heads well and truly wrapped around the situation.

Yes the hard fork was successful. BCH hash power was just over 1%, I don't remember the percentage. Some exchanges have resumed trading, some not. Coinbase might be sued. Never a dull moment in Bitcoin Land. Now we are patiently waiting for Segwit implementation.

BitcoinHodler

hero member

Activity: 1456

Merit: 579

HODLing is an art, not just a word...

nothing has changed about bitcoin. the spam attack has stopped for about 3 weeks (more or less) and fees dropped to normal levels and the soft fork time is not yet here.

the other fork which created bitcoin cash is not in a normal state so we can't really talk about it. so far there have been a small number of blocks because of its low hashrate and each of those blocks (which were supposed to be 8 MB) are about a couple of 100 kilobytes!
if you want to see the fees there, you need to wait at least 1 month and see how things will change. so far bitcoin miners are rejecting transactions that have low fee even if the mempool is empty and they mine empty blocks! lets see how the same miners act on the other chain.

rhyso

full member

Activity: 129

Merit: 100

So the fork happened, we have BCH and BTC.

has this seemed to have acheived what it set out to do for BTC?

I am still a bit confused by it all but I have stored offline and with private keys.

Interesting times.

I am sure some of you nerds out there have your heads well and truly wrapped around the situation.

Topic: OK nerds, has this fork improved the transaction times and fees? I'm hodling (Read 301 times)