4 ms·
How many transactions per second can Bitcoin cash clear with a block size of 8 mb then?
by cgb223 9y ago
How many transactions per second can Bitcoin cash clear with a block size of 8 mb then?
- FabHK 9y agoBTC can do about 7 (small) transactions per second (more with SegWit), and BCC then presumably around 50 per second. (By comparison, Visa does close to 2000 transactions per second on average, and can handle 20000 peak.)
- cgb223 9y agoHow many users does Visa have compared to BTC and BCC?
- rothbardrand 9y agoThat's impossible when bcash doesn't make blocks for 12 hours at a time.
- FabHK 9y agoTrue, though difficulty will adjust in the long run.
- deleted 9y ago[deleted]
- curyous 9y agoOver time as tech gets better, Bitcoin can handle more than 20M users without layer 2 services.
- cgb223 9y agoCan you expand on this a bit? What tech has to get better exactly?
- rothbardrand 9y agoI would really suggest reading the release notes from the past two years of core development. Every release has included an optimization of one kind or another. They have been scaling all along, and Segwit is really a bundling of dozens, maybe hundreds of optimizations that needed a softfork, plus segwit itself.