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The amount exchanged in a transaction doesn't directly affect the time required to settle it in Bitcoin. Bitcoin is not so much electronic currency as it is a d
by nhaehnle 15y ago
The amount exchanged in a transaction doesn't directly affect the time required to settle it in Bitcoin. Bitcoin is not so much electronic currency as it is a distributed accounting system. As such, the monetary value of the transactions is irrelevant.
The thing that matters is the size of the transaction in bytes. This size is essentially proportional to how many cryptographic key pairs are involved in the transaction. If your $40b are associated to a single key pair, then it doesn't matter whether you send $40b or $1. If they're distributed over many different key pairs, then it does matter - but then again, you could have $1 distributed over just as many different key pairs.