Quote from: solex on January 12, 2015, 08:43:14 PM

Quote from: smooth on January 12, 2015, 08:38:27 PM

Quote from: tvbcof on January 12, 2015, 08:19:36 PM

This is what sidechains mean to me.

Side chains are not even the slightest bit needed to use BTC as a reserve currency. It's nearly prefect the way it is. 7 tps is plenty for that. Probably an order of magnitude or two overkill in fact.

Unfortunately, the 7 tps is an old estimate, and the reality of large blocks is that 2400 tx is maximum, or 4 tps. However, even this is too large because some miners still turn out near empty blocks, and would do so even if the network had a severe backlog. So 3 tps is a more accurate working number.

i never heard of why the Mystery Miner of a coupla years ago failed mining 0 tx blocks. any ideas?