3 ms·
> The bitcoin network simply wasn't designed to be able to handle the kind of volume it is experiencing as more people are beginning to use the currency, and th
by erikb 9y ago
> The bitcoin network simply wasn't designed to be able to handle the kind of volume it is experiencing as more people are beginning to use the currency, and the 1 megabyte "blocks" of transaction data that get uploaded to the blockchain are full.
If you work in IT this is like a monthly meeting of the team. You ALWAYS hear "oh we are so suprised, it wasn't designed for such an amount of users/load/whatever". It's just not true. It's a show. And I really don't know why this argument STILL works. If you run 10 topics in parallel, 7 will report this exact reason. If you check them out closely 3 report that truthfully, but really let you wonder why management decided to put so stupid people on top of these projects in the first place. 4 actually have planned for this to happen, and where just not sure if they run into it this month or next month.
- jgord 9y agoEven the current linear architecture can certainly handle more that 3 transactions per second on modern hardware .. there is clearly a bottleneck.