Everyone are representing transaction rate in "tx/sec". My …
Everyone are representing transaction rate in "tx/sec".
My opinion is it should be represented in Hz. What do you think?
1. Bitcoin transaction rate: 7.45 tx/sec
2. Bitcoin transaction rate: 7.45 Hz
Replies
Hertz?
The BTC transaction speed definitely Hertz
Mmmmh, valid reasoning but tx/sec depends on the size of single tx. There are different transaction rates if a single tx is 100k or 200k. Unless convert byte per second in HZ.
Nah
The learning curve for BitCoin is steep enough.
People inherently understand txns/sec.
Conversion spoils the simplicity
So...converting transactions to bytes...
BSV has the capacity of 2 GHz and BTC is max. 1 MHz?
2,000,000,000 bytes/600 seconds = 3,33 MHz vs 1000000 bytes/ 600 second = 1.6 KHz. I'm not sure if it's correct (I assume the block is mined every 10 minutes ).
The most important thing to understand is that BitCoin can handle over 13,333/sec NOW. Secondarily, txs per block which is about 8 million tx per 10 min. "It never really hits a scaling ceiling." Reducing tx speed to chip speed not really germane.
https://twetch.app/t/4c01ef81b97221fd670acecdf87aa153bc9871d89f8bd5a32033f69d59f82fc0