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Re:Mt. Gox Files for Bankruptcy Protection by o_s_m on Friday February 28, 2014 @07:04PM (#7322389)
The protocol can only handle 7 transactions per second.
Re:Mt. Gox Files for Bankruptcy Protection by jzwinck on Friday February 28, 2014 @08:21PM (#7322648)
The system is currently configured with a limit of 7 TPS. But the limit can be lifted, according to https://en.bitcoin.it/wiki/Scalability