It's true, however there are some trade-off by increase TX/s solely by increase max. block size limit which are :
1. Higher cost to run full nodes (faster internet, faster CPU, bigger RAM, bigger storage, etc. needed)
2. Sacrifice decentralization/security due to higher cost to run full nodes. Few people think it's controversial opinion/argument.
But other cryptocurrency promote/offer higher TPS, some even claim 750K TPS
Topic: Bitcoin Cash ABC can do 100+ tx/s? (Read 174 times)
Everytime someone talks about transactions per second in a centralized cryptocurrency, ask yourself:"why don't I use visa?"
Visa can do a lot more than that
Bitcoin is not meant to be only fast, but decentralized , cheap and borderless.
Visa can do a lot more than that
Bitcoin is not meant to be only fast, but decentralized , cheap and borderless.
Not realy so much if you check max tx/s for lightning network or EOS or visa. I think we should setup on that much tx/s not 10 or 100 tx/s for mass adoption.
So this site talked about how many transactions per second can be handled by BCHABC: https://coinanalysis.io/how-many-transactions-per-second-bitcoin-cash-abc/
Is this true? 116 tx/s ?
It seems like a lot to be honest.
But Im just a noob so it might be a stupid questions
Is this true? 116 tx/s ?
It seems like a lot to be honest.
But Im just a noob so it might be a stupid questions
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