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>
author | mralan |
---|---|
permlink | bitcoin-unlimited-will-run-1gb-blocks-with-3-000-transactions-per-second |
category | cryptocurrency |
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created | 2017-09-30 03:08:30 |
last_update | 2017-09-30 03:08:30 |
depth | 0 |
children | 1 |
last_payout | 2017-10-07 03:08:30 |
cashout_time | 1969-12-31 23:59:59 |
total_payout_value | 0.160 HBD |
curator_payout_value | 0.002 HBD |
pending_payout_value | 0.000 HBD |
promoted | 0.000 HBD |
body_length | 1,301 |
author_reputation | -888,240,113,906 |
root_title | "Bitcoin Unlimited Will Run 1GB Blocks With 3,000 Transactions Per Second." |
beneficiaries | [] |
max_accepted_payout | 1,000,000.000 HBD |
percent_hbd | 10,000 |
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author_curate_reward | "" |
voter | weight | wgt% | rshares | pct | time |
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gbonikz | 0 | 10,758,984,112 | 100% | ||
anomaly | 0 | 366,597,498 | 1% | ||
zoxan | 0 | 109,774,152 | 100% | ||
xas | 0 | 531,235,092 | 100% | ||
ehot | 0 | 521,479,909 | 100% | ||
forumen | 0 | 537,085,450 | 100% | ||
eugeniadrew | 0 | 523,771,442 | 100% | ||
isaikumar | 0 | 521,172,476 | 100% | ||
balykin | 0 | 625,550,760 | 100% | ||
andersrh | 0 | 0 | 100% | ||
mralan | 0 | 21,901,591,459 | 100% | ||
beruanga | 0 | 642,597,197 | 100% | ||
bitatlas | 0 | 484,103,328 | 100% | ||
matveev | 0 | 1,160,662,523 | 100% | ||
pettroova | 0 | 1,163,014,165 | 100% | ||
volchkova | 0 | 1,160,662,494 | 100% | ||
veronishy | 0 | 621,129,446 | 100% | ||
bulu | 0 | 620,509,998 | 100% | ||
sarbina | 0 | 620,097,505 | 100% | ||
simtor | 0 | 619,520,000 | 100% | ||
kostr | 0 | 610,768,459 | 100% | ||
culkovnich | 0 | 624,335,990 | 100% | ||
baveva | 0 | 579,251,200 | 100% | ||
acconter | 0 | 619,891,182 | 100% | ||
skarllett | 0 | 1,028,338,221 | 100% | ||
hramoyichdima | 0 | 1,097,936,606 | 100% | ||
toomuch72 | 0 | 0 | 100% | ||
poryt | 0 | 1,108,405,355 | 100% | ||
nimaev | 0 | 1,102,600,044 | 100% | ||
filon | 0 | 1,108,401,140 | 100% | ||
lelyh | 0 | 969,119,972 | 100% | ||
rwi46 | 0 | 1,009,740,169 | 100% | ||
lasnew | 0 | 1,067,769,691 | 100% | ||
vatsonjohn085 | 0 | 1,160,615,299 | 100% | ||
bupavadova | 0 | 1,061,961,619 | 100% | ||
gesterfoz | 0 | 1,160,600,683 | 100% | ||
wellwild | 0 | 928,475,124 | 100% | ||
drluvisotto | 0 | 557,084,445 | 100% |
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.
author | andersrh |
---|---|
permlink | re-mralan-bitcoin-unlimited-will-run-1gb-blocks-with-3-000-transactions-per-second-20171007t131140593z |
category | cryptocurrency |
json_metadata | {"tags":["cryptocurrency"],"app":"steemit/0.1"} |
created | 2017-10-07 13:11:39 |
last_update | 2017-10-07 13:11:39 |
depth | 1 |
children | 0 |
last_payout | 2017-10-14 13:11:39 |
cashout_time | 1969-12-31 23:59:59 |
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pending_payout_value | 0.000 HBD |
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body_length | 124 |
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root_title | "Bitcoin Unlimited Will Run 1GB Blocks With 3,000 Transactions Per Second." |
beneficiaries | [] |
max_accepted_payout | 1,000,000.000 HBD |
percent_hbd | 10,000 |
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