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A comment on Kryptoradio – A Bitcoin data transmission system. Parent comment

Re:Kryptoradio – A Bitcoin data transmission system by kolev on Saturday July 12, 2014 @06:31PM (#8025979)
The blockchain is big and ever-growing. If people really start transacting, like hundreds of millions a day pay their parking with Bitcoin, imagine the size of the data. Plus, Bitcoin can't handle it now with the 7 TPS limit.
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Re:Kryptoradio – A Bitcoin data transmission system by ghshephard on Saturday July 12, 2014 @06:37PM (#8025995)
Discussions on Scalability have suggested an eventual goal of 4,000 TPS are entirely reasonable.

https://en.bitcoin.it/wiki/Scalability

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Re:Kryptoradio – A Bitcoin data transmission system by kolev on Saturday July 12, 2014 @06:43PM (#8026004)
Well, considering the size now with 7 TPS limit, 4K TPS (which is still lower than any of the major credit cards) will make things worse. 7 TPS is there for a reason.
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Re:Kryptoradio – A Bitcoin data transmission system by ghshephard on Saturday July 12, 2014 @09:33PM (#8026326)
According to the scalability document, VISA handles on average around 2,000 transactions per second
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Re:Kryptoradio – A Bitcoin data transmission system by kolev on Friday July 18, 2014 @05:47AM (#8052303)
Burst capability is 10,000 TPS. I'm not sure how up-to-date this information is anyway.
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Re:Kryptoradio – A Bitcoin data transmission system by servowire on Sunday July 13, 2014 @04:41AM (#8026968)
The blockchain can be pruned.
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