0 sats \ 4 replies \ @supertestnet OP 22 May \ parent \ on: TPS Counter: help debunk the "7 tps" myth bitcoin
What is the myth on it?
The myth is that bitcoin can only do 7 tps
I thought that we all know that this is true
It's false and the blockchain proves it wrong on a daily basis
That was one of the subjects of the block size war
It was a significant talking point, but that doesn't make it true. Bitcoin occasionally exceeded 7 tps even back then, and it does so pretty much daily now that segwit increased the blocksize
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0 sats \ 3 replies \ @025738dda8 22 May
So, if now there would be posts talking about 12 tps, everything becomes fine? What's the difference?
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0 sats \ 2 replies \ @supertestnet OP 22 May
What's the difference?
About 40%
if now there would be posts talking about 12 tps, everything becomes fine?
If they merely started saying bitcoin can only do 12 tps, then I would have to point out that 12 tps is also not the maximum -- bitcoin also occasionally does more than 12 tps
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0 sats \ 1 reply \ @025738dda8 22 May
Ok, not 12, but 13, or even 14? What is the theoretical limit now?
40 % seems to be a lot, but it is not the number that such FUDs would appreciate, I think.
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0 sats \ 0 replies \ @supertestnet OP 22 May
What is the theoretical limit now?
I don't know what the theoretical maximum is but this block contains 12,239 transactions which means bitcoin briefly processed over 20 transactions per second (12239 / 60 / 10 = 20.39)
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