Antpool, ASICBOOST Share Blame for Bitcoin Network Delays
Bitcoin’s slow transaction processing is a result of Antpool mining empty blocks, sources are suggesting.
Bitcoin’s slow transaction processing is a result of Antpool mining empty blocks, sources are suggesting.
I think the delays are because the time to create a block in bitcoin just too high. I mean it takes 10 min for a block to be created whereas it takes 2.5 min for litecoin to create a block and in ethereum it is even lower than that. Also bitcoin gets more transactions than the other cryptocurrencies they should try to reduce the time. This is also the reason the hard fork happened in bitcoin because the miners were fedup with bitcoins block creation and thats why bitcoin cash is now being preferred by miners. They need to fix transaction fees as well right now its around 5 to 6 dollars per transaction which is too damn high. If this continues everyone is going to shift to ethereum or dash or litecoin.