Hi Steemian!
In this post i would like to show you what is the real reason exactly that Bitcoin has been accepted?.
The goal of Cryptocurrency is need people to bring them actually work in real life, not only just speculate on it. Because during the past or two year ago 95 % of Cryptocurrency has almost been used on speculation.
During the year 2018 as we have seen in many reports that Bitcoin or the Crypto King coin is highly accepted.
1. Bitcoin has more security.
Since Bitcoin was born about ten years, Bitcoin has developed a lot in the security of transactions and have a stronger network Compared to last year, the Bitcoin network has doubled. This can be considered that the popularity of Bitcoin still exists.
2. The average transaction fee is at 0.25 dollars.
Many people find it convenient and less of trouble when trading in the exchange
and if trading frequently on the web trading platform, it will be noted that the trading fee will be only $ 0.25.
Suppose this trading fees amount is considered cheap this probably another factor that makes many people want to start using Bitcoin.
3. The rate of lightning Network growth is keeping more growing.
Bitcoin has slow transaction problem so why this lightning Network has happened.
Lightning Network is designed to solve the problem of bitcoin scaling. It was launched 18 months ago. Lightning Network is off-chain outside the Bitcoin network. Its chain allows users to trade via P2P ( Peer to Peer) without going through the ledger And when done, the data will be updated manually on the ledger And with this process, the network capacity has increased dramatically. Lightning Network makes the transaction faster than the main network.
According to Coingecko, Coingecko's co-founder, Bobby Ong said, "In 2018 Lightning Network has occurred and it has grown over 20,000 channels and has 530 BTC revolving." Of course!
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