Big news!

in #bitcoin7 years ago (edited)



Bitcoin scaling is coming closer than ever! 2 major companies have activated segwit and rsk.co is going to main net.
The two serves are local bitcoin and btc.com(which is surprising for they are owned by bitmain)
Proof:
https://twitter.com/LocalBitcoins/status/948146645723738112
https://twitter.com/btccom_official/status/948129455536508929?ref_src=twcamp%5Eshare%7Ctwsrc%5Em5%7Ctwgr%5Eemail%7Ctwcon%5E7046%7Ctwterm%5E2
Why is this important?
If every transaction in the Bitcoin network was a SegWit transaction today, blocks would contain up to 8,000 transactions, and the 138,000 unconfirmed transaction backlog would disappear instantly. Transaction fees would be almost non-existent once again. https://hackernoon.com/bitcoin-owners-you-need-to-do-these-two-things-right-now-a73122dd23d4
Segwit scales bitcoin about 2 times!!!

Now for rsk.co news!!!
RSK is a Bitcoin Sidechain. A sidechain is separate chain that connect with bitcoin's main chain. Thus allowing bitcoin to have an ethereum like system without clogging up the main chain. With the Lumino Transaction Compression Protocol (LTCP), RSK will be able to process up to 2000 tps on chain! And once the Lumino Network is deployed over RSK, it will allow up to 20k tps off-chain taking Bitcoin to Visa processing levels.
Read more about it here: https://steemit.com/bitcoin/@sames/bitcoin-s-ethereum-killer-rsk-co

And its now mainnet!! Ethereum bitcoin coming for you on your playing field with cheaper fees!!
https://np.reddit.com/r/rootstock/comments/7no04e/be_part_of_the_smartcontract_revolution_stay/?st=JBXZ2HLU&sh=b49955ae

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Hey Sames how are you ? I got that rig