I had done some research on how the block size of Bitcoin affects the scalability and number of transactions. I understand that at the current state of BCH (with a 32 MB block size), BCH can process about ~144 transactions per second (while VISA can process more than 2000 transactions per second). I was just wondering since increasing the block size was considered as the solution to Bitcoin's scalability problems, what would be the downsides of having a block size of 512 MB or more? On paper, BCH would be able to process ~2304 transactions per second, and compete with VISA.
[link] [comments]
source https://www.reddit.com/r/btc/comments/dsbc1b/what_are_the_issues_of_having_512_mb_block_sizes/
No comments:
Post a Comment