Steam is no longer supporting Bitcoin

Re:Steam is no longer supporting Bitcoin by Klathmon on Wednesday December 06, 2017 @02:14PM (#15863968)

I'm not saying they are acceptable, i'm saying that $20 fees per average transaction isn't true in all cases except once in the history of bitcoin.

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Re:Steam is no longer supporting Bitcoin by ceejayoz on Wednesday December 06, 2017 @03:03PM (#15864469)

Is there reason to believe that sort of congestion won't reoccur?

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Re:Steam is no longer supporting Bitcoin by Klathmon on Wednesday December 06, 2017 @03:24PM (#15864633)

There is zero reason to believe that, and I'd even go so far as to say it WILL happen again, and probably soon.

There are solutions being worked on, but they are not ready for primetime yet.

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Re:Steam is no longer supporting Bitcoin by mrgordon on Wednesday December 06, 2017 @03:18PM (#15864573)

Every major blockchain is working on scalability (sharding, offchain transactions, and various other solutions are in the works)

So ideally there will be more traffic but less congestion

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Re:Steam is no longer supporting Bitcoin by Tepix on Wednesday December 06, 2017 @04:24PM (#15865160)

I think Bitcoin has maneuvered itself into a corner where the remaining dev team doesn't dare to do any hardforks in the future even if they are important to keep Bitcoin competitive.

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