BITCOIN HIT 40 TX/s | Bitcointalksearch.org

pooya87

legendary

Activity: 3472

Merit: 10611

Quote from: Bitcoin_Arena on April 07, 2019, 03:54:57 PM

Quote from: AdolfinWolf on April 07, 2019, 12:06:32 PM

I'm not sure where you get the 14 TX/s from btw? - https://www.blockchain.com/en/charts/transactions-per-second?timespan=1week shows ~3 per sec?

I got it from here https://www.blockchain.com/btc/unconfirmed-transactions
The value keeps changing since it's real time.

that value is not exactly transaction per second that is referred to as Tx/s or TPS. it is showing number of sent transactions per second whereas Tx/s is usually referred to processed or mined transactions per second. you can send million tx/s but the blocks (no matter their size) can only include a limited number of them. which is why the second value is more important than the first.

Bitcoin_Arena

copper member

Activity: 2114

Merit: 1814

฿itcoin for all, All for ฿itcoin.

Quote from: Pursuer on April 07, 2019, 03:05:45 AM

that site is a propaganda machine created against bitcoin to undermine bitcoin, nothing else. and that is why the value is so small. it was created to advertise bitcoin-cash, if you look at the BCash bus you can see it is constantly being filled with "passengers" which are transactions but if you look at its blocks on an explorer you can see there is barely any tx in any of them!

This could be the reason why. Thanks

Quote from: AdolfinWolf on April 07, 2019, 12:06:32 PM

I'm not sure where you get the 14 TX/s from btw? - https://www.blockchain.com/en/charts/transactions-per-second?timespan=1week shows ~3 per sec?

I got it from here https://www.blockchain.com/btc/unconfirmed-transactions
The value keeps changing since it's real time.

stsfi

newbie

Activity: 56

Merit: 0

Quote from: AdolfinWolf on April 07, 2019, 12:06:32 PM

Quote from: Pursuer on April 07, 2019, 03:05:45 AM

blockchain.com is more trusted but unfortunately their system is usually buggy so it may not be the most reliable source either.

If Blockchain.com is the more trusted service, you know the other service must be REALLY bad.

Quote from: Bitcoin_Arena on April 07, 2019, 02:31:18 AM

Not even close to your said 40 TX/s
https://www.blockchain.com/
Is currently showing 14.93 TX/s

https://txstreet.com/
Is currently showing 2.85 TX/s

I am even confused now, i dunno which of the two is real.

Txstreet says that the average bitcoin tx is 500 bytes, which is a bit of an overestimation, and i'm pretty sure it doesn't entirely take segwit into account. (At least not in a fair manner.)

I'm not sure where you get the 14 TX/s from btw? - https://www.blockchain.com/en/charts/transactions-per-second?timespan=1week shows ~3 per sec?

it takes realtime numbers per block

AdolfinWolf

legendary

Activity: 1946

Merit: 1427

Quote from: Pursuer on April 07, 2019, 03:05:45 AM

blockchain.com is more trusted but unfortunately their system is usually buggy so it may not be the most reliable source either.

If Blockchain.com is the more trusted service, you know the other service must be REALLY bad.

Quote from: Bitcoin_Arena on April 07, 2019, 02:31:18 AM

Not even close to your said 40 TX/s
https://www.blockchain.com/
Is currently showing 14.93 TX/s

https://txstreet.com/
Is currently showing 2.85 TX/s

I am even confused now, i dunno which of the two is real.

Txstreet says that the average bitcoin tx is 500 bytes, which is a bit of an overestimation, and i'm pretty sure it doesn't entirely take segwit into account. (At least not in a fair manner.)

I'm not sure where you get the 14 TX/s from btw? - https://www.blockchain.com/en/charts/transactions-per-second?timespan=1week shows ~3 per sec?

stsfi

newbie

Activity: 56

Merit: 0

Quote from: franky1 on April 06, 2019, 07:58:34 PM

bitcoin tx is only a bitcoin tx when it confirms..

anyone can inject as many transactions through the relay network. but doesnt mean they will confirm. thus meaningless

Most of them were NON RBF, also confirmation is limited by blocks your point is complete invalid

Pursuer

legendary

Activity: 1638

Merit: 1163

Where is my ring of blades...

Quote from: Bitcoin_Arena on April 07, 2019, 02:31:18 AM

https://txstreet.com/
Is currently showing 2.85 TX/s

that site is a propaganda machine created against bitcoin to undermine bitcoin, nothing else. and that is why the value is so small. it was created to advertise bitcoin-cash, if you look at the BCash bus you can see it is constantly being filled with "passengers" which are transactions but if you look at its blocks on an explorer you can see there is barely any tx in any of them!
blockchain.com is more trusted but unfortunately their system is usually buggy so it may not be the most reliable source either.

Bitcoin_Arena

copper member

Activity: 2114

Merit: 1814

฿itcoin for all, All for ฿itcoin.

Not even close to your said 40 TX/s
https://www.blockchain.com/
Is currently showing 14.93 TX/s

https://txstreet.com/
Is currently showing 2.85 TX/s

I am even confused now, i dunno which of the two is real.

franky1

legendary

Activity: 4410

Merit: 4766

bitcoin tx is only a bitcoin tx when it confirms..

anyone can inject as many transactions through the relay network. but doesnt mean they will confirm. thus meaningless

stsfi

newbie

Activity: 56

Merit: 0

BITCOIN HIT 40 TX/s

Source :-

https://www.blockchain.com/btc/unconfirmed-transactions
https://txstreet.com/

Topic: BITCOIN HIT 40 TX/s (Read 280 times)