SEGWIT HERE WE COME!!!!
I don't know if I was living in a vortex or under a rock lately but somehow I did not catch up on the news that Segwit for Bitcoin was a done deal most likely tonight. That goes to show you how much I been working on our little altcoin Visio lately. But I just seen we are 2 Blocks from activation and so damn excited the 2 year ordeal will come to a serious close on this up and down situation.
SO WHAT DOES THIS MEAN FOR BITCOIN??
For this guy, the biggest thing I am excited about is the uncertainty of if or when Segwit will activate is about to come to a close. If it goes off without a hitch, awesome....me I been just kind of playing it on the back burner if its a good or bad thing to activate Segwit but I have hopes a lot will be fixed for Bitcoins future. This my friends is all that matters most, that we keep Bitcoin alive and make sure it works the best it can for its supporting commuity.
Three variables come with activation that has the crypto community with high hopes. Foremost the worries of capacity for blocks will be fixed hopefully with a remaining compatibility for older wallet versions, this is a must for forward movement but still keeping the chain in tact for all. High hopes that the mempool issues of backlogged transactions can begin to be reduced and maybe a less of an issue as we all move forward with Bitcoin as king. Finally, and something that has hit me a lot lately, this will hopefully reduce the miner fees that are killing the smaller holders of Bitcoin which thus could stir more adoption for growth in BTC and crypto in general as well. Lord knows we could always use more growth over at Visio lol but that is coming nice and steady either way.