10 ms·
Bitcoins capacity is growing all the time, Segwit is a big jump, and MAST and other technologies will increase it further. Not to mention, we're about a year a
by rothbardrand 9y ago
Bitcoins capacity is growing all the time, Segwit is a big jump, and MAST and other technologies will increase it further.
Not to mention, we're about a year away from Lightening Networks being deployed into production, and he theoretical capacity of that is infinite, since it happens off chain. (LN will eventually be multiparty-- so you could get paid in your channel and then pay from your channel to various other receivers, though that capability may be more than a year off.)
Further, segwit enables side chains so you can have bitcoin as a hub and any number of side chains with special purposes (including possibly very high transaction velocity) adding... with even less on chain load than lightening network, depending on how they are used.
The tech is advancing rapidly, though it's highly involved and obscure to even most developers, so they propagandists are great at spreading FUD in favor of their particular choices.
All of the above applies to Ethereum as well, to varying degrees of implementation.