Large -
scale transactions where we navigate the complexities of land sale and purchase, financing, entity creation and more
Not exact matches
If we assume it's still early days of this ecosystem
where Bitcoin can process seven
transactions per second, then just how energy efficient and sustainable will it be as we begin to imagine
scaling out Bitcoin so transactional throughput and volume can compete with the likes of VISA and its 24,000
transactions per second?
Robert Pickel, executive vice chairman of the International Swaps and Derivatives Association, says: «Looking at the more customized
transactions, there may be different types of underlying risk
where a firm that is creative or focused on customer service may be quite successful on a smaller
scale.»
Currently, Japan needs to expand the
scale and contents of
transactions of the small -
scale wholesale electricity market, including the Japan Electric Power Exchange (JEPX), and create a situation
where electricity retailers procure and sell the required types and volumes of electricity in a fair manner, like in European countries.
We see large institutional amounts piling into the UK and we are now, more than before, keen to secure large
scale portfolios or platform
transactions,
where the assets will be worked on by an experienced management team.
In any big
scale transaction with tensions running high, (often
where the lawyers have said no) there have been some low points, but they don't last long.
Admittedly there are cases
where a lot of money is spent and has to be spent: for example, large -
scale investigations or prosecutions (often on the securities side)
where cases involve complex
transactions, allegations of fraud, a long history of communication amongst numerous parties — in these types of cases it can be very costly to prosecute as well as defend.
«
Where we work directly with a large number of small
scale growers and producers around the world, many of whom are underserved by the traditional banking industry, cryptocurrencies offer opportunities to speed up payments directly to our suppliers and reduce the costs associated with these
transactions.»
In a rare appearance at the recently held The Future of Bitcoin event in the Netherlands, Dr. Craig Wright contends that a
scale needs to happen to bring bitcoin to a point
where it will exceed all global past
transactions.
At the end of the day, however, a
scale needs to happen to bring bitcoin to a point
where it will exceed all global past
transactions — past Visa, past Mastercard.
And on the other hand, there is the need to prove that bitcoin can be
scaled to a point
where it can handle
transactions from a growing user base.
In an email to the Bitcoin Core Dev team, Garzik postulated that by not
scaling bitcoin and instead pushing for higher
transaction fees, it would create an economic change event, which «is a period of market chaos,
where large changes to prices and sets of economic actors occurs over a short time period.»
Ethereum's current ability to
scale, «Scalability [currently] sucks; the blockchain design fundamentally relies on bottlenecks
where individual nodes must process every single
transaction in the entire network.»