4 ms·
The capacity of BTC is so low that if it had universal adoption, every human being could do around one or two transactions in their lifetime.
by FabHK 5y ago
The capacity of BTC is so low that if it had universal adoption, every human being could do around one or two transactions in their lifetime.
- hackingforfun 5y agoWhat's your source on this? Are you figuring in the Lightning Network?
- FabHK 5y ago> What's your source on this? The well known numbers for BTC transactions per seconds, number of people on the planet, average life expectancy, and maths. > Are you figuring in the Lightning Network? No.
- simiones 5y agoThe figures for the bitcoin blockchain are public and monitored by most exchanges. They are at about 11000 transactions/hour[0] - ~3 transactions/second for the entire world. The lightning network is a separate system for transactions denominated in bitcoin. It does nothing to modify the capacity of the bitcoin network, it creates a way to do transactions WITHOUT using the bitcoin network (except occasionally). [0] https://bitinfocharts.com/bitcoin/ https://bitinfocharts.com/bitcoin/