2 ms·
1.5KB/s That's the current throughput of bitcoin. When the ridiculousness of that is pointed out, why do people start talking about Visa's volume? Bitcoin is
by CyberDildonics 6y ago
1.5KB/s
That's the current throughput of bitcoin. When the ridiculousness of that is pointed out, why do people start talking about Visa's volume?
Bitcoin is unusable for regular transactions.
A single transaction costs as much as an -entire hard drive- that can store the current chain multiple times over. After 11 years the chain takes up $6 of hard drive space.
The only people that need to sync with the chain are miners, exchanges, online wallets and enthusiasts.