When long comfirmations becoming a major and a long term problem, what to do??!!

[percare 3192]

What you can try is to send the transaction again with higher fees. This is how Bitcoin works right now and most people accept it. Of course the high fees that sometimes appear are a problem and the solution will be the lightning network or something else, but I don't see enough eagerness to finish it.

[zhoutong 2188]

If your problem is long confirmations that take days this happens because you used too low fees. Instead of that use higher fees and repeat the transcation it will be found and mined in the next block.

[yonkii 3205]

I understand your frustrations and logic in this post. It seems that there is a possibility to send a transaction and wait for days just because you didn't want to pay high fees. This is the cost in this occassion and I think that we all understand the risks when using Bitcoin and trying to send transactions cheap at a time when fees are very higher.

[Guru2050 8284]

Long term confirmation in crypto currency is less when using XRP coin it is the best so far to me, I have tested the bitcoin and ethereum confirmation while making transactions this take more time for confirmation though they're still better compare to some irrelevant coins

[Onden 2098]

If mining requires high transaction fees, of course this will be followed by an increase in the price of bitcoin, half of which has made the price of bitcoin go up even though miners' acceptance has fallen. mining will remain profitable for miners, meaning that miners will continue to mine as long as bitcoin prices are high. Unless the bitcoin price continues to fall maybe miners will leave mining.

[Ab.Waheed 978]

Miners never leave the mining. I mean miners will never leave the mining some other may be do this. Some people join the mining in place of those people who leave it is so difficult to manage new in place of old people. Because mining needed a large equipment it also very to harder make it very profitable. 

[Goyaa 2414]

Yes, we have thought about it and in my opinion the old confirmation about bitcoin is not a problem for me, from the start we already know that confirmation of bitcoin takes a long time so we have anticipated it, the most important thing is that our bitcoin is safe. When compared to miners, the risk is much greater.

[selfmade 7]

There is a technology called lighting network, i think when that happens we would have the lighting network up and running to fix it.

If you want to learn about lighting network read here https://en.wikipedia.org/wiki/Lightning_Network

[Abdulrahman3 1252]

Bitcoin fees are the highest fees among currencies, not only on the Yobit platform, but on all platforms, and this is due to the high demand for this currency, but Yobit is characterized by the fact that it takes the highest commission rate among the platforms for Bitcoin.

[teebasas 3018]

Long transactions and guarantees are a major concern, and most of those assurances are not the responsibility of miners. They are making every effort to expedite transactions. The solution, in my opinion, can be provided by the agency in charge of each currency.

[querjyu 1]

Hey guys, lately found out Utopia Genesis Foundation (UOP). Looks like they are coming with uniqueness on music field, there is lack of transparency. Through the UOP, artists will be able to ask their fans and investors to crowdfund their projects. Their tokenized songs are attributed to The International Standard Recording Code (ISRC), which entails the right to collect revenue for the song, and the ability to distribute the revenue to the people who have sponsored the track. While this is easy to take for granted, the archaic structures of the institutional music industry have limited such seemingly straightforward accounting mechanisms, as evidenced by the Black Box, where billions of dollars are lost every year. Read on them, Google check website.