Showing posts with label bitcoin segwit. Show all posts
Showing posts with label bitcoin segwit. Show all posts
Sunday, 21 January 2018
Bitcoin Unconfirmed TX's Clearing Overnight?
Bitcoin price is still a little fragile and is hovering between 10k and 12k but we have some really surprising and good news which kind of just appeared overnight. The amount of unconfirmed transactions drastically dropped overnight with unconfirmed TX's with low fees even clearing. We even saw the biggest block mined so far which goes to show Segwit is working and making changes to the network.
We have seen many rumours around Twitter and Reddit looking for explanation, some saying it may be Segwit adoption from Coinbase kicking in and other noticing that the overall mining speed increased 20% overnight. Truly we will not know but one thing we do know is Segwit is working, my hunch might be with the Lightning network moving along a lot faster than expected are miners turning to Segwit in hope they keep making decent returns
Also I bet those #bcash supporters are getting slightly worried
Labels:
bitcoin blog,
bitcoin news,
bitcoin news uk,
bitcoin segwit,
bitcoin unconfirmed tx,
bitcoins 2018
Tuesday, 2 January 2018
Local Bitcoins Now Segwit Compatible
Massive announce from LocalBitcoins.com today that they have now fully integrated Segwit address for sending and receiving Bitcoin. This is great news for users who regularly sell and buy as this will hugely drop all your transactions fee's sending and receiving, also should see an increase in transaction time
I see also today that BTC.com have also integrated Segwit which is good news all round for all use Bitcoin users, recent times have been pretty bleek with high fee's and long transaction times
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