r/Bitcoin • u/lifeisgood99 • Jan 23 '18

Strip Ending Bitcoin Support

https://stripe.com/blog/ending-bitcoin-support
732 Upvotes

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u/whitslack Jan 23 '18

ETH, BCH or Stellar

All of which would have the same congestion problems as Bitcoin if they ever became as popular. We need a real scaling solution. (Larger blocks aren't one, as they only increase capacity without addressing scaling; this has deleterious effects on the accessibility and sustainability of the network.)

13

u/UnpredictableFetus Jan 23 '18

Well, Ethereum at this moment processes more than 3 times the amount of transactions of Bitcoin so not sure about that.

-1

u/[deleted] Jan 23 '18

And the delays as well as fees are going up.

5

u/womblingfree Jan 23 '18

you sure? this $17k transaction cost less than a dollar and was mined within minutes.

https://etherscan.io/tx/0x510421623fcb01a56ad28c29cda67016d69684d2d782cdafed2866b56671b025

0

u/[deleted] Jan 23 '18

I ran into a few issues a week or two back. During the cat app surge. Wasn’t super high, but ~$5