Unless my math is really sucking today, Bitcoin SV can alre…
Unless my math is really sucking today, Bitcoin SV can already support one transaction per day by every man, woman, and child on the planet.
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Yes, I do believe my math is sucking. But we do have the millionaires covered by a long shot.
So is this looking at maximum txns /second, or total BSV // Bit + Coin volume?! At the smallest miner fee 1BSV can support almost 1.5 million UTXOs. Since appro 17 million are mined I have 30,909,090,909,090.91 possible per day.
I have 86400 seconds per day. So max transactions=86400 X max rate. So that is 1.2Billion transactions per day assuming 14000 transactions per second. Aggregation of transactions means those lucky 1.2B can squeeze in considerably more transactions.
@554 => https://twetch.app/t/2c8d6cc40d919373586a5ca685e7e6defa3eeeec4fd326b7e4b732e760519d40#243a2efbba367e4bf72b98fd70e3a2cba6d8dc5d6a600cbc9261b261db7e8552