Sentences with phrase «few transactions per second»
In fact, the current Bitcoin blockchain can only process a few transactions per second, far below the thousands of transactions per second processed by the main credit card payment networks.
https://bitcoinmagazine.com/
«If you have a very strong consensus algorithm, you're going to have very few transactions per second,» Keys said.
As things stand, the Bitcoin network can process only a few transactions per second, which could strongly limit the ability of the network to handle high transaction volumes if the adoption of bitcoin payments grows.
Not exact matches
They state that it only takes a few seconds to complete transactions between two parties and the network can handle up to 1000 transactions per second.
They state that it only takes a few seconds to complete transactions between two parties and the network can handle up to 1000 transactions per second.
Transaction speeds up to now at Bitcoin have been less than 10 per second and fewer than 15 with Ethereum.
The Bitcoin community needs to come together on a way to handle more transactions than a few per second before Bitcoin can be all that it will be.