Topic: [2019-02-24]Bitcoin TPS and Usage Skyrockets, Nears Record High 3.87 (Read 117 times)
February 25, 2019, 02:56:13 PM
Isn't there some other coin or project that's using BTC to time stamp information? I can't remember what it's called but at certain points some have said they've been making up 25-30% of on chain transactions.
February 25, 2019, 02:01:10 PM
CoinIdol are actually somehow connected to CT only because they share some of the same team. This article seems to shed some light, so it's strange they're today talked about on such opposite ends of the spectrum! Or more like, some members of the top brass from CT broke off and then formed CI.
Not that the politics matter. CI does give off this really different scent with their illustrations, but for some reason or other, it does well with their audience.
I think the centurion is actually a CI superhero. His name is CoinIdol. He's supposed to be... a knight. Think I've seen him wield a Thor like hammer, so he's more Viking than Roman, I think. I'm not even sure how I have an opinion except I see CI in this section a lot...
Not that the politics matter. CI does give off this really different scent with their illustrations, but for some reason or other, it does well with their audience.
I think the centurion is actually a CI superhero. His name is CoinIdol. He's supposed to be... a knight. Think I've seen him wield a Thor like hammer, so he's more Viking than Roman, I think. I'm not even sure how I have an opinion except I see CI in this section a lot...
February 25, 2019, 08:32:26 AM
Yeah, the CoinTelegraph ones do look more professionally done, but more importantly, they are actually relevant to the story. Here are a couple of their articles which caught my attention last week as an example:
https://cointelegraph.com/news/university-of-california-researchers-propose-blockchain-system-for-clinical-data
https://cointelegraph.com/news/uk-auction-house-to-sell-off-430k-in-crypto-confiscated-by-belgian-police
As you can see, the images at least try to illustrate what the story is about, whereas a Roman centurion shouting down a megaphone is completely irrelevant.
https://cointelegraph.com/news/university-of-california-researchers-propose-blockchain-system-for-clinical-data
https://cointelegraph.com/news/uk-auction-house-to-sell-off-430k-in-crypto-confiscated-by-belgian-police
As you can see, the images at least try to illustrate what the story is about, whereas a Roman centurion shouting down a megaphone is completely irrelevant.
February 25, 2019, 07:19:36 AM
Also not to mention that more and more services are batching their transactions, so suddenly 20 transactions becomes 1. So although the absolute number is currently still a bit below its ATH, in reality once you factor in LN, other off-chain transaction and batching, in reality it would be much higher.
I have a question: does someone generate these images before hand and then put a caption in the text bubble?
I've never understood these images, and I've never understood why they would use them. If they are honestly trying to be a serious news source, why attach meaningless and tacky cartoons to every story? It's completely unprofessional.I think the CoinTelegraph images are usually pretty cool, and it probably costs them a decent bit to be made (though I have no actual idea). I have a feeling that's what coinidol is emulating. But I agree, they're a bit disconcerting and take away from the overall seriousness of their enterprise.
February 25, 2019, 07:14:42 AM
Also not to mention that more and more services are batching their transactions, so suddenly 20 transactions becomes 1. So although the absolute number is currently still a bit below its ATH, in reality once you factor in LN, other off-chain transaction and batching, in reality it would be much higher.
I have a question: does someone generate these images before hand and then put a caption in the text bubble?
I've never understood these images, and I've never understood why they would use them. If they are honestly trying to be a serious news source, why attach meaningless and tacky cartoons to every story? It's completely unprofessional. February 25, 2019, 06:22:34 AM
Why does the guy in the illustration have such a short skirt? Maybe he's Roman.
I have a question: does someone generate these images before hand and then put a caption in the text bubble?
I have a question: does someone generate these images before hand and then put a caption in the text bubble?
February 25, 2019, 05:05:14 AM
As i mentioned previously, actual TPS is higher since people starting using LN. But LN transaction happen off-chain and only sender/receiver who know about the transaction.
FYI, similar news already posted at https://bitcointalksearch.org/topic/2019-02-22-bitcoin-transactions-per-second-approaching-all-time-high-5112916
FYI, similar news already posted at https://bitcointalksearch.org/topic/2019-02-22-bitcoin-transactions-per-second-approaching-all-time-high-5112916
Not to mention even more users transacting with each other using web wallets or internal wallets like say, the Moneypot wallet. Since I started interacting with all these micro communities (gambling sites especially) where the transactions are free and almost instant, what we're seeing now is more and more people taking their intra-community transactions off chain. Never mind trading intra-platforms too!
And soon, when forums start enabling tipping to each other, and people use that to transact within forum markets, we're getting TPS that's off the books.
February 24, 2019, 10:47:38 AM
The Bitcoin (BTC) transaction rate is now approaching its highest peak since December 2017 notwithstanding the one-year long bear market. The transaction per second for Bitcoin, the flagship cryptocurrency, is gradually increasing and is also seeing a recovery in both real use, particularly in the developing markets, and BTC’s Google search trends are rising because of the latest skyrocketing rally.
Read the details in the article of Coinidol dot com, the world blockchain news outlet: https://coinidol.com/bitcoin-usage-skyrockets/
Read the details in the article of Coinidol dot com, the world blockchain news outlet: https://coinidol.com/bitcoin-usage-skyrockets/
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