Post
Topic
Board Beginners & Help
Re: Is bitcoin ready for large amounts of transactions per second?
by
Mrko
on 07/07/2013, 19:25:59 UTC
apparently bitcoind is too slow to handle high amounts of traffic.
Thanks, is it likely to be faster in the future? Or that's just the way it is, and nothing can be done?

Due to the design, each confirmation takes 10 minutes. The six confirmations is general, and thus requires 6 x 10 minutes in total.