Post
Topic
Board Development & Technical Discussion
Merits 4 from 1 user
Re: How many tx/second can we handle now?
by
ETFbitcoin
on 24/11/2018, 19:50:44 UTC
⭐ Merited by suchmoon (4)
So scaling bitcoin isn't a point of discussion anymore (only for those people, who want to make sure, that the coffee they paid for a dollar is forever visible in a blockchain - for tose people it is better to use bitcoin unlimited, abc or cash chains).

I disagree since off-chain scaling solution such as LN still require on-chain transaction to open and close channel. With current 1MB 4 million weight unit and assuming everyone use LN, it's still not enough when more people uses Bitcoin.
But again, there's better alternatives such as compress transaction (such as Schnorr  Signature) and increase block weight/size should be considered as one of last solutions.

p.s. maybe you were talking about off-chain only, while the linked site only takes into account on-chain.
But are offchain transactions easy to use for non tech savvies ?
Is that solution already implemented?
And if so, post a link thanks

Most off-chain/side-chain solution is still young and barely used, so it's hard to to use at first. But however, i'm sure it's UI/UX would be better in future.
For example, using Bitcoin was difficult on earlier stage (2009 - 2012) as there's no friendly mobile/desktop wallet, but now using wallet is far easier.

Off-chain scaling solution such as LN already implemented, but it's still far from finished and have some annoying weakness.