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Could the bitcoin network actually be used by everone in the world in five years? No. At seven transactions per second, and 157,680,000 seconds, the network d
by johnrgrace 6y ago
Could the bitcoin network actually be used by everone in the world in five years? No. At seven transactions per second, and 157,680,000 seconds, the network doesn't have enough capacity in a five year period for every person in north america and europe to do one transaction.
- alwillis 6y agoNo. At seven transactions per second, and 157,680,000 seconds, the network doesn't have enough capacity in a five year period for every person in north america and europe to do one transaction. There's plenty of capacity to transact via the Lightning Network—over 13,000 nodes and 37,000 channels: https://1ml.com/statistics https://1ml.com/statistics