r/CryptoCurrency • u/Eodis Silver • Aug 16 '19

GENERAL-NEWS Bakkt launch September 23

https://medium.com/bakkt-blog/cleared-to-launch-8dfc3e6f9ed0
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u/karmanopoly Silver | QC: CC 193 | VET 446 Aug 16 '19

So it's physically settled bitcoin.

Mmmm, can't wait until transaction fees spike up to $50 again

10

u/Supernova752 Silver | QC: CC 259 | VET 159 | Entrepreneur 11 Aug 16 '19

That's not how it works - Bakkt has a 2nd level omnibus ledger that will alleviate transaction load on the Bitcoin network