Hey Bitcoin, where did all the transaction go?

chitty(69)
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Source: "why we need big blocks?"

Remember just a few days ago when Bitcoin’s Blocks were full, transaction fees were high and everybody was talking about a scaling solution?

Well, for some magical reason transactions have disappeared after miners agreed to upgrade to Segwit and increase the block size limit.

Was the Spam politically driven?

I can’t help but think that the small Bitcoin Transactions that were spamming the network were used to manipulate the block size debate.

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Source: Reddit user check2fire

Today, transactions can be handled by the network with a small transaction fee. Moreover, the implementation of Segwit would increase network capacity by at least 70%, so there wouldn’t really be any need to increase block size in the near future.

What are your thoughts on this issue, what do you think happened to all the low-fee Bitcoin transactions?

btc_spam_over.png

Hey Bitcoin, where did all the transaction go? | Ecency