Post
Topic
Board Beginners & Help
Re: Is bitcoin ready for large amounts of transactions per second?
by
Lohoris
on 07/07/2013, 19:29:59 UTC
Due to the design, each confirmation takes 10 minutes. The six confirmations is general, and thus requires 6 x 10 minutes in total.
Not exactly.

First we are talking about in-game transactions, which won't be handled directly by the blockchain, so they would be instant.

Second, the "slowness" we were talking about is that of bitcoind itself (not the protocol), which can be fixed coding.