4 ms·
The technology still evolving. 10 transactions is not and will not be the limit. The Lightning Network already proved that a much higher volume of bitcoin trans
by argo_ 8y ago
The technology still evolving. 10 transactions is not and will not be the limit. The Lightning Network already proved that a much higher volume of bitcoin transactions can be made without slowing down the bitcoin network.
I like to think the energy consumption of the bitcoin network is an "idle energy":
10 transations/s = mid-size country
100 transations/s = mid-size country
10.000 transations/s = mid-size country
An increase in transations do not directly increase energy consumption.
- dmitriid 8y ago> An increase in transations do not directly increase energy consumption. So far this has always been the case > The Lightning Network already proved that a much higher volume of bitcoin transactions It hasn’t proven anything yet, and as already pointed somewhere in this discussion there’s already a new version trying to fix shortcomings and limitations.