Topic: What does bitcoin need to improve? - page 19. (Read 4148 times)
I think one of the bitcoin's need is to empower their security, because recently we noticed that there are more bitcoin's stolen issues are in the news. So with that incident bitcoin market affected, dropping down of almost cryptocurrencies is frequently happened it is because of bitcoin's low security.
I think bitcoin needs a lot of investors in it, it needs more people to know it so it grows stronger, and somehow I'm not satisfied with its over-the-top charge. The bitcoin price is low but its cost is still too high
Delay in confirmations times and also to make the transaction fee set by miners to rapidly come down as some people have resulted in using other altcoin for easy and fast transfer
in the market of crypto currency the value of bitcoin is much.it's demand in the share market of technologically has been in amount of htge.in accurate distribution of currency by bitcoin become a clarity in crypto currency market. so more bitcoin need to improve to easier the management of world currency.
Bitcoin need to improve the confirmation of transactions,reduce transactions charge's, if its possible add smart contract,i love Bitcoin,
The most simple of things to improve upon are transaction time and transaction cost. Transaction fees should be reduced and we should see faster transfers. This will ensure that more people use it for transactions. The bitcoin will be quickly accepted and widely used.
I can clearly see that there are other cryptocurrencies that are beginning to dethrone bitcoin, showing off there quick and secured transactions, though bitcoin continues to be the king. What does bitcoin need to improve state your opinions.
I think it would be much better if the fees were not so high and the time for one transaction is so long. This affects people who use it for payments and not just for trading.
I agree with the quote. Sometimes what frustrates people is the long transaction and high fees. It’s difficult to process specially when you don’t have much to transact but too high fees. Plus it would be better if the price of bitcoin is not getting low but high.
It should improve in the high transactions fee charges ,by making it lower and late or delay confirmations in Bitcoin transactions.. Most people has ended up using other altcoin for their transactions to avoid bitcoin delay..
I think the main issue of bitcoin is the higher cost of transactions, as we know that the presence of bitcoin is the solution of the high cost of bank transactions, Bitcoin needs to reduce the transfer fee as transaction fee is quite expensive.
Your right bitcoin must need to have more improvement.As far I observe Bitcoin needs to improve about their confirmation because its slow its also good to have more security because everyone wants their account more safe because we. All know hackers or scammers are everywhere.
Bitcoin keeps on controlling the digital money advertise becuase it has been the main cryptographic money, it has the biggest measure of backings and it has been demonstrated to have a steady framework for a very long time. A large portion of the altcoins turned out at 2016+, regardless of whether they figured out how to pick up a considerable measure of significant worth, despite everything they won't have the capacity to pass bitcoin in light of the fact that they don't have the help bitcoin has.
Theres nothing to be proved left in bitcoin and bitcoin doesnt have lack. What we need to fix is what people think of bitcoin, becaause some are treated it as a scam while its not.
Faster transfer rate. this is one of the biggest issues that must be solved.
Transfer rate, they have huge transfer fee and also this must be resolved.
they can solve the dependant of BTC to the internet once they fixed the 2.
Transfer rate, they have huge transfer fee and also this must be resolved.
they can solve the dependant of BTC to the internet once they fixed the 2.
When it comes to security, bitcoin has nothing to improve on. Though the proclaimef feature of anonymity is attractive for some people but it is not as anonymous as proclaimed. This is an advantage to prevent other stringent rules by government on its illegal use. More concern on acceptability and faster transactions should be focused than anonymity.
Two things that need to be improved and worked primarily - transaction costs should be reduced and we should see faster transfers. And second thing is to increase the no of bitcoins so that more peoples could able to work and to make bitcoin more stronger.
While users can already make near-instant Bitcoin transactions for less than one satoshi in fees, the reality remains that using Lightning requires a level of technical proficiency which is off-putting for lay consumers.
The speed and the fees, mate... that's all I can think of. I was a hardcore bitcoin enthusiast until the fork to bitcoin cash. I hate to say this, but bitcoincash is bit more mainstream-friendly.
I can clearly see that there are other cryptocurrencies that are beginning to dethrone bitcoin, showing off there quick and secured transactions, though bitcoin continues to be the king. What does bitcoin need to improve state your opinions.
I think there's nothing to improve for bitcoin, because altcoin is indeed a better blockchain development in terms of finding the bitcoin gap and fixing it.
I can clearly see that there are other cryptocurrencies that are beginning to dethrone bitcoin, showing off there quick and secured transactions, though bitcoin continues to be the king. What does bitcoin need to improve state your opinions.
I think there's nothing to improve for bitcoin, because altcoin is indeed a better blockchain development in terms of finding the bitcoin gap and fixing it.
The most straightforward of things to enhance are exchange time and exchange cost. Bitcoin, best case scenario is usable for expansive exchanges (still easily proven wrong) it is not the slightest bit reasonable for smaller scale exchanges at the present time. On the off chance that it can ever get affirmation times directly down and expenses to be pennies or less then the utilization cases will build ten times.
if bitcoin is widely used in the services for quick payment, in this case there are chances to enter the markets that are closed to other coins
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