26 Dec '16, 7pm

Understanding the Fee Market and Unconfirmed Transactions

Understanding the Fee Market and Unconfirmed Transactions

The best way for the bitcoin community to deal with scaling is to keep an open dialogue. For now, users need to deal with the fee market and understand why their transactions get stuck in the mempool. Not all wallets offer dynamic fees and priority settings so choosing an optimal wallet is key to faster transaction times. Furthermore, users can choose to reinforce implementations that may scale the network by supporting concepts they agree with such as SegWit or alternate clients like Unlimited. Eventually, the scaling debate may subside some when the community reaches consensus on the best way to achieve optimizing transaction rates.

Full article: https://news.bitcoin.com/fee-market-unconfirmed-transacti...

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