Blockchain – Software Engineering Daily

Bitcoin Segwit with Jordan Clifford

10.10.2017 - By Blockchain – Software Engineering DailyPlay

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Visa processes 1,600 transactions per second. PayPal processes 193 transactions per second. Bitcoin processes only 3-4 transactions per second. In order to fulfill the dreams of financial programming–in order to get decentralized, peer-to-peer micropayments–Bitcoin needs a much higher transaction throughput. Bitcoin’s scalability issues have led to debates within the community and changes in the software.

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