Quote from: cbeast on June 28, 2013, 08:40:53 PM

With this new nLockTime microtransaction update coming in bitcoinj it will allegedly allow unlimited microtransactions with no fees to accumulate until one large transaction is submitted by a vendor. If this is correct, then Bitcoin will become the fastest and most powerful financial network anywhere. Let's use it, acquire statistics, and prove that Bitcoin can process the world's transactions with speed and efficiency.

This is great news. I heard about this earlier also, but dont think its going to be a big of a change in speed and efficiency as it is now. We will have to see though, a boost to Bitcoins speed is something definitely high on the need to do list.