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RE: Great news for BitShares and Steem

in #bitshares • 8 years ago

Holy bejeezus.

I have heard that transaction fees have been very high all-around this week with SO much activity in the markets, and saw the last one I sent from Exodus was $4-5, but that is just crazy...

Will be interesting to see how fast fees drop back down again as segwit is introduced, if that is really supposed to facilitate the scaleability problems at root of the high fees...

8 years ago in #bitshares by
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     8 years ago 

    What does this segwit do actually? If you dont mine :)

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       8 years ago 

      to be honest, I don't know enough technical details to answer that. all I know is its a fairly significant change to the protocol that's supposed to make a big difference in the scaleability issues.

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         8 years ago 

        Me too, Im gonna need several sacks of rice before I can fully understand the technicalities of bitcoin and all cryptocurrencies :)

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           8 years ago 

          several sacks of rice...??

          lol. must be some Filipino slang.

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             8 years ago 

            Yeah, it means, it could takes time :)

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