Sentences with phrase «transactions per block without»
The NG protocol is an alternative that aims to increase the number of transactions per block without increasing the number of required forks.
https://www.coinbureau.com/ Not exact matches
Block size (Daily transaction capacity): 8 MB currently, scalable to 32 MB without additional forks (2,000,000 to 8,000,000 transactions per day.
The developers argue that this system replicates many positive benefits of bitcoin - finalizing transactions against the ledger without requiring a trusted third party, while allowing the majority of such exchanges to take place off of the main blockchain, which currently capped at 1 MB of data per block.