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throwaway85825yesterday at 7:14 PM2 repliesview on HN

Except people wanting to do more than 15 transactions a minute. Or that to scale everyone would need to store a petabyte size blockchain.


Replies

sphyesterday at 7:49 PM

https://en.wikipedia.org/wiki/Lightning_Network

I have been paying for my VPN with lightning payments; it takes less than one second to go through.

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hgghyesterday at 8:12 PM

> Except people wanting to do more than 15 transactions a minute It's more like 7 transactions per second, which is still absolute crap, but that was after the original Bitcoin project was kidnapped. There aren't such limitations in the original Bitcoin (forked as Bitcoin Cash)

> Or that to scale everyone would need to store a petabyte size blockchain That is addressed in the whitepaper (SPVs and pruning)