Post
Topic
Board Press
Re: 2013-02-22 thefinanser.co.uk - A new currency payment system is about to explode
by
Stephen Gornick
on 23/02/2013, 05:16:35 UTC
It won't be the the Next Big Thing if the network stays artificially limited to 7 transactions per second...

You wish you had 7 tx/s in the bitcoin network...
Even with the cancer satoshidice is, it's very far away from the 7 tx/s limit.
7 tx/s would mean 4200 tx's each 10 minute block.

To be fair, mobile payments through M-PESA in Kenya (a country with about 0.6% of the world's population), is choking on 270 transactions per second.
 - http://www.nation.co.ke/business/news/Safaricom-gets-vendor-to-run-M-Pesa-platform/-/1006/1691548/-/cnls9gz/-/index.html