This should speed up transaction times and hopefully take care of a couple other issues that have raised complaints in the community. (gizmodo.com)
With many bitcoin network members seeking to make changes to speed up transaction processing capability, some held out, seeking to avoid major changes and instead keep larger blockchains in existence going forward. (ibtimes.com)
This should decrease network fees for users, and speed up transaction confirmation times. (bitcoinmagazine.com)