The road to mass adoption for any new technology is a slow one. This will also be the case for bitcoin but these four factors could accelerate the process.
The past couple of years have certainly seen the greatest pace of bitcoin and crypto adoption. That epic rally at the end of 2017 when digital assets were all over mainstream media certainly helped.
However, there are a few more things that may need to occur before BTC can truly be adopted by the masses.
Bitcoin Transaction Confirmation Times
A recent Medium article in ‘The Startup’ has identified four challenges bitcoin must overcome before it can really go mainstream.
The bitcoin network must be able to handle near-instantaneous transaction validations for it to be used as a viable peer to peer currency. The report notes that ‘It is unimaginable for a merchant to make a…
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