The mempool is currently above 100k transactions. It feels to me like a massive wave of adoption and price movement is very close and that things could move very quickly.
Does anyone know about any up coming ON CHAIN solutions?
Before some genius in a brilliant moment of word association blurts out “lightning” let it be known that yes, I know what the lightning network is. The lightning network will help bitcoin scale in the sense of using it for transactions with merchants but it does not really help scaling for the use case of hodling.
Cold storage and security are important features of the base chain. These are fundamental value propositions of bitcoin that don’t really have anything to do with second layers.
Just curious to see if any developments are being made and if any of you have an idea of what you think will happen if the mempool and transaction costs go parabolic as well.
Thank you for contributions.