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Cc: Bitcoin Dev <bitcoin-development@lists.sourceforge.net>
Subject: Re: [Bitcoin-development] Block Size Increase
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--001a11c38a2222928905158eddc5
Content-Type: text/plain; charset=UTF-8
>
> Alan argues that 7 tps is a couple orders of magnitude too low
By the way, just to clear this up - the real limit at the moment is more
like 3 tps, not 7.
The 7 transactions/second figure comes from calculations I did years ago,
in 2011. I did them a few months before the "sendmany" command was
released, so back then almost all transactions were small. After sendmany
and as people developed custom wallets, etc, the average transaction size
went up.
--001a11c38a2222928905158eddc5
Content-Type: text/html; charset=UTF-8
Content-Transfer-Encoding: quoted-printable
<div dir=3D"ltr"><div class=3D"gmail_extra"><div class=3D"gmail_quote"><blo=
ckquote class=3D"gmail_quote" style=3D"margin:0 0 0 .8ex;border-left:1px #c=
cc solid;padding-left:1ex">Alan argues that 7 tps is a couple orders of mag=
nitude too low</blockquote><div><br></div><div>By the way, just to clear th=
is up - the real limit at the moment is more like 3 tps, not 7.=C2=A0</div>=
<div><br></div><div>The 7 transactions/second figure comes from calculation=
s I did years ago, in 2011. I did them a few months before the "sendma=
ny" command was released, so back then almost all transactions were sm=
all. After sendmany and as people developed custom wallets, etc, the averag=
e transaction size went up.</div></div></div></div>
--001a11c38a2222928905158eddc5--
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