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Topic: Why is Blockchain so slow? - page 2. (Read 238 times)

sr. member
Activity: 854
Merit: 281
April 18, 2018, 09:47:04 PM
#2
The blockchain works very slowly. Not only that, it is very expensive when dealing on this network. If I had to send you some Bitcoin, it would take a few hours to receive them, and I had to pay a large transaction fee. With how to do this, Blockchain alone can balance the world of cryptocurency here?

Bitcoin's network is congested due to its rising popularity and use. The key for bitcoin will be to upgrade for mass adoption. Right now the Lightning Network is being developed the fix the issues you brought up. The future is in off-chain scaling.
jr. member
Activity: 182
Merit: 2
April 18, 2018, 09:43:38 PM
#1
The blockchain works very slowly. Not only that, it is very expensive when dealing on this network. If I had to send you some Bitcoin, it would take a few hours to receive them, and I had to pay a large transaction fee. With how to do this, Blockchain alone can balance the world of cryptocurency here?
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