14 ms·
Bitcoin’s transaction throughput is artificially limited (hamstrung) and so not a useful denominator for comparisons. In theory it’s possible for a Bitcoin-lik
by null0pointer 3y ago
Bitcoin’s transaction throughput is artificially limited (hamstrung) and so not a useful denominator for comparisons.
In theory it’s possible for a Bitcoin-like blockchain to record all of Visa’s transactions in a single giga-block with only a single mining hash attempt.
Transaction throughput is not meaningful here.
- rspeele 3y agoIt's meaningful since Bitcoin is the most popular, most energy-consuming crypto and it has this limitation, with no plans of changing. "Well, it's supposed to suck like that" doesn't change that Bitcoin is consuming tremendous amounts of energy to serve very, very few customers.