3 ms·
Currently the average is 1 transaction per second. The transaction per second limit of 7 tps is artifical and will be lifted in the future: https://en.bitcoin.i
by fsiefken 13y ago
Currently the average is 1 transaction per second. The transaction per second limit of 7 tps is artifical and will be lifted in the future:
https://en.bitcoin.it/wiki/Scalability https://en.bitcoin.it/wiki/Scalability
Bitcoin developer Timothy Lee explains more about it here: http://www.washingtonpost.com/blogs/the-switch/wp/2013/11/12/bitcoin-needs-to-scale-by-a-factor-of-1000-to-compete-with-visa-heres-how-to-do-it/ http://www.washingtonpost.com/blogs/the-switch/wp/2013/11/12...