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.
Related posts
-
Bitcoin Reserve Idea Sparks Cautious Response From Japan PM: Report
Este artículo también está disponible en español. According to a recent report by Japanese cryptocurrency publication... -
Analyst Says XRP Price Will Outperform Bitcoin And Ethereum, Reveals ‘Secret Under The Hood’
Este artículo también está disponible en español. Crypto analyst Egrag Crypto has boldly predicted that the... -
Is Bitcoin Bull Run Over? What This Legendary Metric Says
Here’s what the historical trend of the Bitcoin Market Value to Realized Value (MVRV) Ratio suggests...