📅 Original date posted:2015-05-08
📝 Original message:>
> 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.
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Mike Hearn [ARCHIVE] /
npub17t…4qgyd
2023-06-07 15:33:18
in reply to nevent1q…l3c8
Author Public Key
npub17ty4mumkv43w8wtt0xsz2jypck0gvw0j8xrcg6tpea25z2nh7meqf4qgydPublished at
2023-06-07 15:33:18Event JSON
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"content": "📅 Original date posted:2015-05-08\n📝 Original message:\u003e\n\u003e Alan argues that 7 tps is a couple orders of magnitude too low\n\n\nBy the way, just to clear this up - the real limit at the moment is more\nlike 3 tps, not 7.\n\nThe 7 transactions/second figure comes from calculations I did years ago,\nin 2011. I did them a few months before the \"sendmany\" command was\nreleased, so back then almost all transactions were small. After sendmany\nand as people developed custom wallets, etc, the average transaction size\nwent up.\n-------------- next part --------------\nAn HTML attachment was scrubbed...\nURL: \u003chttp://lists.linuxfoundation.org/pipermail/bitcoin-dev/attachments/20150508/4c054cee/attachment.html\u003e",
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