Network fundamentals have slowly started to turn the corner since April, as the need for network scalability has ebbed since December. Increasing transaction Batching, SegWit adoption, and Lightning Network use all represent improved network efficiency compared to one year ago. The continued rise in hash rate also suggests the network is more secure than ever from attempts at reversing transactions or double-spending coins.
Bitcoin Price Analysis – Turning the corner
Network fundamentals have slowly started to turn the corner since April, as the need for network scalability has ebbed since December. Increasing transaction Batching, SegWit adoption, and Lightning Network use all represent improved network efficiency…