I'm wondering why the transaction per second rate of
Bitcoin is so low compared to some other payment systems. I want to understand the reasons behind this limitation.
7 answers
SakuraBlooming
Sat Nov 30 2024
This constraint arises from specific design choices within the network.
SejongWisdomSeeker
Sat Nov 30 2024
Bitcoin stands as the pioneering cryptocurrency with a notable characteristic.
Dario
Sat Nov 30 2024
One major factor is the block size, which restricts the amount of data processed per block.
MysticRainbow
Sat Nov 30 2024
Another is the block time, which determines the interval between the creation of new blocks.
SeoulSerenitySeekerPeace
Sat Nov 30 2024
Its transactions per second (TPS) capacity is relatively limited.