Post
Topic
Board Announcements (Altcoins)
Re: [ANN]BITBLOCKS (BBK) Instant transactions. No fee. POW + POS
by
BitBlocks
on 19/06/2018, 14:37:19 UTC
This project has a strong community behind it -- impressive. Very promising

I think BBK still has a very small community but this is the biggest gamble I placed, to be honest. It's fun to have few thousands coin with cheap price and see how it will perform in the future. What if someday Bitblock will be popular in some 3th world countries, like Brazil or Venezuela for example, because it's so cheap, no border and feeless.

If the popularity increases and many people start using the network will it still be possible to have zero fees and instant transactions? How many transactions per second can the network facilitate as of now?
Network congestion depends on the market . If we look at last year, the moment when the market at the high level is extremely small . And when the market falls the problem is not . such as it is now . The market sank very seriously and even the ICO can not collect capitalization

But did you get the point I was trying to make? Congestion is something that could happen to almost any sufficiently decentralized blockchain if adoption goes through the roof.

Yes, congestion is possible. however, a massive amount of transactions is required for this to happen. Bitblocks can handle more than 958 transactions per second using only the working proof.