Mark Mason
Well-known member
Bitcoin Fees Reach $8 Post Segwit Activation
Segwit has been activated on the main Bitcoin chain, which still experiences record high fees and confirmation times, as well as confusion surrounding the upgrade.
Since the upgrade, which was marketed as an upgrade to scaling capacity (though more of a gateway to future off-chain scaling solutions), transaction fees have grown to record levels, as noted by Segwit2x lead developer Jeff Garzik:
Since the upgrade, which was marketed as an upgrade to scaling capacity (though more of a gateway to future off-chain scaling solutions), transaction fees have grown to record levels, as noted by Segwit2x lead developer Jeff Garzik: