4 ms·

> scalable But not scalable beyond BitCoin's ~7 transactions per second, right? Asking because I read this last month: http://www.nytimes.com/2016/01/17/busi

• nickodell 11y ago
  No, not scalable beyond that.
• flatline 11y ago
  ~2.7 tps in practice, and shrinking as transaction sizes grow.
• ikeboy 11y ago
  These transactions work fine with the lightning network, according to the author on reddit: https://www.reddit.com/r/Bitcoin/comments/47rk85/first_successful_zeroknowledge_contingent_payment/d0fbysd?context=3 https://www.reddit.com/r/Bitcoin/comments/47rk85/first_succe... So this can scale as much as lightning can. See https://en.bitcoin.it/wiki/Scalability_FAQ#Doesn.E2.80.99t_Lightning_require_bigger_blocks_anyway.3F https://en.bitcoin.it/wiki/Scalability_FAQ#Doesn.E2.80.99t_L... and https://blockstream.com/2015/09/01/lightning-network/ https://blockstream.com/2015/09/01/lightning-network/
  • ewillbefull 11y ago
    Additionally, lightning actually uses the HTLC (Hashed Timelock Contract) transaction style that is used by ZKCPs. I believe it is used to extend lightning channels to multiple hops.