3 ms·
Someone suggested a way to fix that in Bitcoin, but I don't know if they're going to use this solution or not: > tl;dr: We suggest a protocol modification to
by higherpurpose 13y ago
Someone suggested a way to fix that in Bitcoin, but I don't know if they're going to use this solution or not:
> tl;dr: We suggest a protocol modification to the block chain that securely allows blocks to be generated around once per second, can handle over 200 transactions per second at these rates, and consumes under 0.5 MBps in terms of bandwidth (less at lower rates than 200 TPS). All of this with no increased susceptability to 50% attacks. This essentially solves the problem that caused Satoshi to set the 10 minute target for the block creation rate. We also analyze the number of transactions per second Bitcoin can handle with and without our modification. We note that block propagation times are the primary obstacle for scalability.
https://bitcointalk.org/index.php?topic=359582.0 https://bitcointalk.org/index.php?topic=359582.0