Bitcoin fees (blue line) are low since this summer. This is no | Crypto Land
Bitcoin fees (blue line) are low since this summer. This is not because of low transactions (low demand for blockspace), but because a large exchange finally implementing segwit transactions. Segwit adoption (yellow line) is now ~80%. Fees are expected to stay low in Bitcoin
Segwit (“Segregated Witness”) is an improvement proposal for Bitcoin implemented last 2017 that frees up block space by separating transaction signatures. This enables more transactions in the block
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