3 ms·

This I can agree with after selling some code from bitcoins it can take hours before I get my coins. I'm not sure they can do anything about it at this point.

• Cthulhu_ 9y ago
  You'd probably see similar delays in banking if all banks had to record all their transactions in a central database. It's simply not a scalable system.
  • criddell 9y ago
    But Bitcoin only has a few hundred thousand transactions every day. What database can't handle that small number of transactions?
    • vasilipupkin 9y ago
      Bitcoin is not, in my opinion, a system for transactions. It's essentially a store of value - that's it. If you want quick transactions, you won't do it faster with decentralized than with centralized systems. Decentralized is slower by construction
    • lurker456 9y ago
      bitcoin is a byzantine fault tolerant distributed database, it's performance characteristics are different.