Re:Flaws in Bitcoin make a lasting revival unlikely
by imtringued on Thursday March 28, 2019 @09:39AM
(#19512054)
Your numbers are incorrect. 1m transactions per day is almost twice as fast as the theoretical capacity of Bitcoin. (~600k transactions per day assuming 7tps)
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Re:Flaws in Bitcoin make a lasting revival unlikely
by homakov on Thursday March 28, 2019 @12:50PM
(#19514014)
I was citing eth's ones. Bitcoin is a poor platform for doing layer2 due to unfixable restrictions. What matters is it's about 600k~1000k (not 100m) and even with these it supports quite a lot of users. Supporting more than 1% is desirable but not mission critical.
Re:Flaws in Bitcoin make a lasting revival unlikely
by not-satoshi on Thursday March 28, 2019 @04:20PM
(#19516184)
That's not Bitcoin. Bitcoin is electronic cash for everyone on the internet. See www.bitcoin.com/bitcoin.pdf