Schrödinger’s Gold

Too Long; Didn't Read

<span>By</span> now you’ve probably experienced, or at least heard of, the fees of the Bitcoin network. Different Bitcoin wallets have implemented different ways of calculating the estimated fee and the fees themselves have been going up and down depending on the price and the amount of activity on the network. As the improved <em>Segregated Witness</em> addresses get adopted more and more we can expect fees to stay at reasonable levels in the short run and even more so as the Lightning Network and other layer two scaling solutions get of the ground. Bitcoin scaling isn’t completely solved however and we can expect the network to always have some form of fee structure.