3 ms·
Depends on which metric you look at. While Bitcoin has much faster settlement time than international wire transfers, it has slower throughput (~7 TPS max curre
by runeks 10y ago
Depends on which metric you look at. While Bitcoin has much faster settlement time than international wire transfers, it has slower throughput (~7 TPS max currently).
- Phlarp 10y ago7 TPS is theoretical and very optimistic. So far it's best day was just over 4. These numbers will not change until the blocksize is increased, which still looks unlikely. https://blockchain.info/charts/n-transactions?timespan=all https://blockchain.info/charts/n-transactions?timespan=all
- kneel 10y agoIt's a tradeoff for security. It'll be interesting to see what happens when(if?) Bitcoin upgrades to SegWit. This infrastructure is designed to support off-chain transactions while settling on the chain.