Re:High-Speed Traders Are Taking Over Bitcoin
by xeniak on Wednesday January 18, 2017 @12:47AM
(#13424324)
High-speed trading on a "market" that allows ~10 transactions/second max?
[ Parent
| on HN ]
Re:High-Speed Traders Are Taking Over Bitcoin
by Buge on Wednesday January 18, 2017 @01:57AM
(#13424623)
Just like high frequency trading in the gold market doesn't require physically handing bars of gold for physical dollar bills at high speed, neither does high frequency trading bitcoin require any high speed blockchain transactions.
Re:High-Speed Traders Are Taking Over Bitcoin
by netcan on Wednesday January 18, 2017 @04:24AM
(#13425110)
Great analogy.
Re:High-Speed Traders Are Taking Over Bitcoin
by arthurcolle on Wednesday January 18, 2017 @01:00AM
(#13424394)
The exchanges in question are not implemented on top of any blockchain, so no
Re:High-Speed Traders Are Taking Over Bitcoin
by davidgerard on Wednesday January 18, 2017 @05:03AM
(#13425268)
All this is offchain and completely internal to the exchanges.