3 ms·

And the maximum transaction rate is 7 per second, so en masse is impossible. https://en.wikipedia.org/wiki/Bitcoin_scalability_problem https://en.wikipedia.org

And the maximum transaction rate is 7 per second, so en masse is impossible. https://en.wikipedia.org/wiki/Bitcoin_scalability_problem https://en.wikipedia.org/wiki/Bitcoin_scalability_problem

keymone 8y ago
no longer the case since payment channels and routing between them are the option. p2p channel payments is only limited by network bandwidth and cpu power between participants. routed channel payments are limited by routing network connectivity and capacity, which is not amazing yet but far better than 7tps.
- dboreham 8y ago
  It would be helpful if you could cite one payment channel service that is up and running today and has there properties.
  - keymone 8y ago
    Lightning Network.