It's called Segwit.

No, I'm not talking about the recent failed Segwit2X fork. I'm talking about the already-existing Segwit feature that is already baked into Bitcoin.

Months ago, Segwit was added as the beginning step in solving Bitcoin's scaling problems. At the time, it was seen as the first necessary step to enable larger block sizes and thereby improve Bitcoin's scaling issues. It stands for "segregated witness". To avoid getting too technical, let's just say it is a way of transacting Bitcoin without bogging down the main block-chain with unnecessary information - instead "segregating" this extra information to a side chain. Yeah, I know there is a lot more to it than that, but suffice it to say, it reduces traffic on the main Bitcoin block-chain.

Segwit, which is already built into Bitcoin, actually negates the need for a block size increase. It enables larger block sizes already, as well as the possibility to utilize the Lightning Network, which will enormously increase the speed and efficiency of Bitcoin transactions. Segwit2X...and Bitcoin Cash...and Bitcoin Gold, frankly, are redundant and therefore, unnecessary.

But this takes time to develop. Rest easy, it's coming. It will become the standard way for Bitcoin to be transacted, but it will take time before it is broadly implemented by wallets and exchanges. Bitcoin will continue to develop and grow. Patience.

It reminds me of the Wizard of Oz, when the Tin Man, Lion, and Scarecrow realize they had what they needed all along; a brain, a heart, and courage. I can just imagine Roger Ver hiding behind a curtain somewhere...

image source: https://gaineygolf.files.wordpress.com/2014/10/behind-the-curtain