Bitcoin: 2 years wasted! What's next?

in #bitcoin7 years ago

I think it was in July of 2015 that we experienced the first big trouble with the network. I remember one transaction which didn't pass, and one which took some 36 hours to get confirmed. The network had been under attack with thousands of spam transactions, and the attack proved very effective with the blocks nearly full.

The problem became apparent to all: a small block size which is limiting the number of transactions. After endless discussions between developers and miners, we got SegWit, then SegWit2, a fork in the middle of summer, then another one a couple weeks ago. With both forks, I got free altcoins, so that's good, except that nothing has changed regarding Bitcoin's problem. Block size remains too small, and the only way out now is rising fees. What's next?

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