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Bitcoin Unlimited Will Run 1GB Blocks With 3,000 Transactions Per Second. by mralan

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· @mralan ·
$0.16
Bitcoin Unlimited Will Run 1GB Blocks With 3,000 Transactions Per Second.
https://cointelegraph.com/images/725_Ly9jb2ludGVsZWdyYXBoLmNvbS9zdG9yYWdlL3VwbG9hZHMvdmlldy81ZjNkOWMzYjM3NWNkZTcxMTAwMGRiMjAxYTk5N2MzOC5qcGc=.jpg

Meanwhile Bitcoin is making strides. Bitcoin Unlimited will soon test 1GB blocks with a transaction ability of 3,000 per second. Putting it in competition with Visa. It needed an update like this to make skeptics like the one below put a sock in their mouths.

“Bitcoin is valuable as money, cash. As a pure settlement system, it is clumsy and inefficient. I worked for the Aust Stock Exchange in the 90s. Our systems exceeded BTC tgen for pure settlements." -Craig Wright

<a href="https://www.youtube.com/c/mralanc?sub_confirmation=1">

<img src="https://s26.postimg.org/sj9vaqoo9/U5dqpia9_DKAM7eq6_BQpsw_EPzb_AHSZ7x_1680x8400.png"/></a><a href="https://www.youtube.com/c/mralanc?sub_confirmation=1"><img src="http://i67.tinypic.com/2d6wffo.jpg"/></a><a href="https://twitter.com/alan_craker"><img src="http://i68.tinypic.com/6olafq.png"/></a><a href="http://steemit.com/@mralan"><img src="http://i67.tinypic.com/syl27a.gif"/></a><img src="http://i68.tinypic.com/23hufzs.png"/>
<center> http://www.FlippyCoin.com is the #1 Cryptocurrency Exchange!<a href="http://www.flippycoin.com"><img src="https://s26.postimg.org/bvdbb4nl5/image.png"/></a></center>
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vote details (38)
@andersrh ·
I think this could be possible if we used Xthin blocks. Then we wouldn't have to transfer 1GB of data between all the nodes.
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