The latest news predicts the growth of Bitcoin more than 20 000$. But for Саsh this is bad news
As more and more users start using the Bitcoin network, the fees and transaction time have increased. Small transactions had a very high fee, which made it difficult for a transaction with small amounts of money using bitcoins.
The media covered how various enterprises and enterprises stopped taking bitcoins because of high commissions. But now Bitcoin's deals are cheaper than Bitcoin Cash.
Bitcoin reduced fees by 97% from his peak, when each transaction was 34 US dollars. At the time of this writing, the fee was 0.79 cents.
In August 2017, Bitcoin Cash bifurcated from the original Bitcoin network with the intention of increasing the block size to 8 MB, helping the biton scale. But the Bitcoin community did not embrace this networking solution, but it supported the development of SegWit and the Lightning Network.
Two important cryptographic platforms, Bitfinex and Coinbase fully implemented Segregated Witness. According to UseTheBitcoin, these two cryptographic platforms will help the network to scale and wait for the realization of the lightning network.
During the last months, several cryptocurrency exchanges, wallets and platforms have been implementing SegWit. The community was waiting for it due to the fact that Coinbase is one of the most important platforms to purchase and sell cryptocurrencies. Once implemented it would significantly reduce the congestion of the Bitcoin network.The same has to be done by the team of Blockchain.com, another important cryptocurrency platform. These two platforms manage a large number of bitcoin transactions and the policies that they take may affect the whole network. This implementation would have a deep impact on the scalability of Bitcoin.
