What will happen if there will be so many users of bitcoin, will that mean sending coins will be delayed?
Transactions with the default fee will be delayed. Transactions with higher fees will get priority.
Topic: Transactions per block (Read 720 times)
3500 transactions, maybe.
Transactions with the default fee will be delayed. Transactions with higher fees will get priority.
Transactions with the default fee will be delayed. Transactions with higher fees will get priority.
In your estimate, how many transactions will that be? I mean just simple transactions. What will happen if there will be so many users of bitcoin, will that mean sending coins will be delayed?
There's no specific limit on the number of transactions, though blocks can't be larger than 1MB and most miners won't create blocks larger than 250-500 kB.
By design, can bitcoin sustain a sudden surge in number of transactions? How many transactions per block is allowed?
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