Poll

Do you think this good news for Litecoin?

Yes
2 (66.7%)
No
1 (33.3%)

Total Members Voted: 3

Author Topic: Bitcoin cannot be used for more than about ~360,000 transactions per day  (Read 3993 times)

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Offline litecoinforum.orgTopic starter

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Bitcoin cannot be used for more than about ~360,000 transactions per day (about 2,500 transactions every 10 minutes).

Do you think this good news for Litecoin?

http://www.reddit.com/r/Bitcoin/comments/17vcnh/im_gathering_common_bitcoin_technical/c8960k3

Offline mycketbra

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This is incredibly good news for Litecoin, along with the fact that you now have to stand in line and wait for one of a handful of companies to ship you an ASIC if you want to mine Bitcoin anymore :)

In the coming future I think there will be considerable stress on the Bitcoin network as the incentive to run expensive machines declines and the number of smaller transactions rises due to its popularity.

 

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