Bitcoin slow Steem is lightningsteemCreated with Sketch.

in #steem7 years ago

Again I find myself stuck waiting a single confirmation on 2 btc transaccions after 24 hours feeling very frustrated. If we all just used Steem we would not have these problems. 

Of course if we all used Steem getting a confirmation would take longer as well or am I wrong?

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Steemit runs on Graphene which has very large capacity so we can handle many more Members doing many more transactions, and they will still go through in 3 seconds. Dan is working on a new project called EOS which has something to do with running blochchain code in parallel on multi-core processors, which may speed Steemit even more. We got this covered! Yes, Steem IS lightning and will continue to be!

Great to know, now we just have to get more steemians converted. The currency is also much easier to use than btc or most altcoins.

I have one non-confirmed transaction in BTC. 7 days.

The transactions are very slow ... it's true!

I am sitting on an unconfirmed transaction also. This could be the thing that takes down Bitcoin. It is already less than 50% of the market cap.

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