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Topic: SEGWIT, where are the lower fees? - page 3. (Read 1923 times)

hero member
Activity: 938
Merit: 559
Did you see that ludicrous display last night?
August 24, 2017, 09:26:32 AM
#3
To decrease the fees, you have to send SegWit transactions.  Basically you need to move your funds to a SegWit-compatible wallet with the new type of address.

The transactions that you send would then be smaller and have lower fees.

If most of the major wallets start using SegWit transactions over the next few weeks, you can expect the blockchain to become less congested, so legacy transactions would cost less as well.
full member
Activity: 175
Merit: 100
August 24, 2017, 09:21:52 AM
#2
Just watching blocks on blockchair.com... where are the lower fees that should have come with segwit? Just not getting it. And mempool isn't cleared... Blocksize isn't 1.7 MB, but still 1 MB.

Can someone expalin what's happening?
My thought that the segwit implemented not yet finished, But the transaction fees doesn't make sense for all of the bitcoin users. I just try to see the latest chat in bitcoin21 but seems there is no a lot of transaction in this time, that was pretty strange.
member
Activity: 70
Merit: 10
August 24, 2017, 08:51:41 AM
#1
Just watching blocks on blockchair.com... where are the lower fees that should have come with segwit? Just not getting it. And mempool isn't cleared... Blocksize isn't 1.7 MB, but still 1 MB.

Can someone expalin what's happening?
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