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RE: Ethereum Reaches New Global High Processing Half Million Transactions

in #bitcoin7 years ago

Great article and summary of what is going on.

That is a sensational milestone. Of course, it requires us to bear in mind that Visa processes 24K transactions per second or almost 1.5M a minute.

The race for the gold is on yet all have to scale up big time.

My guess the one to ultimately break through will be LTC. Lee is tying it to BTC but faster. He envisions LTC as the micropayment blockchain. I think he might be right.