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To be 100% honest, I only got into this about 7 or 8 months ago. This is really big news though because they have been stalemating and creating a prolonged scaling debate. I hope this at least begins to resolve some of these issues for BTC. It's the large Chinese companies that are capitalizing on BTC mining and whatnot I think that are benefiting from all of this, hence why they did not want to come to a resolution sooner. Steemit whales are not the only whales out there ;D I could be a bit wrong, but this is my basic understanding as of now.

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