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RE: Bitcoin at 3700USD+ and funny Bitcoin "occasions" on some places

in #bitcoin7 years ago

I had the impression that the implementation of Segwit should make Bitcoin transactions push through faster. Earlier today, sending $100 worth of Bitcoin took me 2+ hours when it took 30mins in July, with the same miner fee. Is this because more people are finally getting into Bitcoin, or am I wrong with my understanding of Segwit, or am I missing something entirely?

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Segwit is allowed on the blockchain now, but adaptation is not implemented until the end of August. Plus there is more development needed to truly experience an increase in transaction times. This is why BCH went straight to 8mb blocks on their chain, they did not want to wait until next year to start scaling.

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