Bitcoin Is At An All-Time High, But Is It About To Self-Destruct? - News Summed Up

Bitcoin Is At An All-Time High, But Is It About To Self-Destruct?


Another crucial group are the entities that run the bitcoin network on their computers (called miners) who are sort of the operators of the game. However, the bitcoin developers and miners have no way of determining in advance which version of the coin users would support. Startups Leaving, But Impact UnclearThe delays and high fees are already prompting companies to leave the bitcoin blockchain, or not build on it. The fees in bitcoin were too high. Social network Yours was driven from the bitcoin blockchain to Litecoin’s because of high fees.


Source: Forbes June 07, 2017 15:13 UTC



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