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RE: How Big Is The Crypto Market? | Is There Still An Opportunity To Profit?

in #cryptocurrency • 7 years ago

Hmmm, one thing is for sure, the price will sky rocket.

I have my concernes though about if steemit.com will be able to handle all the traffic, and more importantly if the blockchain can handle it.

I was told by @acidyo that the steemit blockchain can handle 180k tx per second vs bitcoin can only handle around 7 per second. So if thats true, it looks good for Steemit.

7 years ago in #cryptocurrency by
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     7 years ago  

    I dont know the stats but I did read the blue paper and it said that the steem blockchain already can handle significantly more volume than either Bitcoin or Ethereum.

    When you consider how many transactions occur on here, I would say that it is accurate.

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     7 years ago  

    Lets hope so :)

    and we will notice it anyway.

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