3 ms·
> He says it also limits the number of transactions the system can process to about five per second. This hasn’t been the case since segregated witness was int
by chabes 6y ago
> He says it also limits the number of transactions the system can process to about five per second.
This hasn’t been the case since segregated witness was integrated into the protocol.
This number is also “on-chain” transactions. The article fails to mention that most transactions are off chain, or are only settled on the main layer. No mention of second layer protocols that are made specifically for transactions (lightning), or off-chain uses, such as centralized databases like exchanges, or bearer bonds like opendime.