Bitcoin has been around since 2009, and since then an influx of altcoins have entered the market to much acclaim. Yet, despite questions being raised as to whether bitcoin is going to change the world and how it will become the world’s single currency in 10 years, its acceptance among merchants is still low. A number of factors are involved which may be hindering its surge into the mainstream. These include slow transaction speeds and a lack of regulation. With discussions ongoing relating to regulatory issues and work continuing with the Bitcoin Lightning Network — designed to solve bitcoin’s scalability…

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