Bitcoin mainnet fees have been a real headache for too long, let's put ourselves in the situation, Satoshi Nakamoto in his white paper wanted a cryptocurrency that was like peer-to-peer electronic money, and really during a certain period it was achieved, but while users on the network grew and more people transacted on the blockchain, the network became saturated because Bitcoin has a block size of only 1 megabyte which limits the number of transactions it can carry out because there is not enough space in the block for many more transactions and the fees did not stop growing, this layers the network, and does not allow it to scale, solutions like Lightning network have been created but it is too difficult to use for the most novice users.
There was already a block war where this issue led to Bitcoin cash being born making it much more scalable than the BTC protocol, but even so the block size limit is still not increased and this does not seem to be resolved, do you think that Bitcoin needs to increase the size of its block to make it more scalable and that it works like a real payment system?
There was already a block war where this issue led to Bitcoin cash being born making it much more scalable than the BTC protocol, but even so the block size limit is still not increased and this does not seem to be resolved, do you think that Bitcoin needs to increase the size of its block to make it more scalable and that it works like a real payment system?
