[Cryptography] Does Bitcoin have unaddressed design flaws?
Howard Chu
hyc at symas.com
Mon Feb 8 06:13:44 EST 2021
Ray Dillinger wrote:
>
> On 2/5/21 6:48 PM, jrzx via cryptography wrote:
>> But with that lightning network, and a blockdag architecture rather
>> than a blockchain architecture, crypto currency is likely to eat the
>> world financial system. It is already making a serious dent despite
>> the ten transactions per second limit.
By the way, the true limit in practice for Bitcoin is 3.5txn/sec. Look
at all of the charts since the 2017 bull run, it never exceeds this rate.
--
-- Howard Chu
CTO, Symas Corp. http://www.symas.com
Director, Highland Sun http://highlandsun.com/hyc/
Chief Architect, OpenLDAP http://www.openldap.org/project/
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