The Bitcoin Halving Could Accelerate Consumer Adoption of BTC

HomeCrypto 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

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.

www.coindesk.com

COMMENTS

WORDPRESS: 0
DISQUS: 0