Crypto News

The Bitcoin Halving Could Accelerate Consumer Adoption of BTC



As on-chain network transaction fees continue to increase, network congestion will be offset by the shift to second-layer networks, which will in turn encourage a greater volume of transactions, some of which will happen on the main blockchain, which will push up processing fees. Ultimately, even with the rise of second-layer networks like Lightning, the net result will most likely be a steady increase in network fees as bitcoin becomes more widely adopted.



Source link

Leave a Reply

Your email address will not be published. Required fields are marked *