1. On Bitcoin This is not investment advice and nothing I say here should be interpreted as such. That is an entirely different topic. I just want to delineate some facts as I see them and opine on the future. So here goes...
Further proof you have no idea what you're talking about. Miners finding a block is how a transaction gets confirmed. The minimum time for any transaction to be confirmed is now and has always been 10 minutes.
-
-
Doesn't that render bitcoin transactions fundamentally incapable of being scaled to a level where they can reasonably replace other financial transactions (which number in the billions), and confine bitcoin to a niche?
-
Scaling exists as a problem because the block size is limited. If every block is full to get a transaction into a block you have to offer a large enough fee to make it attractive to include. This is solvable by increasing the block size - which is what BCH did.
- Show replies
New conversation -
Loading seems to be taking a while.
Twitter may be over capacity or experiencing a momentary hiccup. Try again or visit Twitter Status for more information.