Update
Bitcoin Fee Reduction Proposal Updates
Bitcoin developers have merged three draft proposals that could reduce transaction fees by up to 27% through signature aggregation. Wallet upgrades and network activation are still required. The proposals, BIP458, BIP459, and BIP460, combine signatures attached to transaction inputs and can reduce the signature payload from 640 bytes to 352 or 64 bytes, respectively, depending on the aggregation method used. The proposals are still in the development stage with no activation date set.