Post
Topic
Board Speculation
Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
by
mmitech
on 24/01/2016, 16:05:47 UTC
Wouldn't touch this dead horse for now, even if they raise the block size to 32 MB, this would give us less than 100 transaction/sec, with this growth pace we will have the same problem after a couple of years, Bitcoin is already failing as a payment system.

We had twice more blocks the last hour than we suppose to have (6 blocks/hour), but blocks are full and couldn't clear the backlog of unconfirmed transactions waiting to be included, the amount of backlog went as high as 13 MB at once the last couple of days. and kept a consistent 10 MB for more than 24 hours.






Why buy Bitcoin when Ethereum can do everything Bitcoin does way better, efficient and even more.... Ethereum is the next big thing.