I've been using
Bitcoin Cash recently, but I've noticed that transactions seem to be really slow. I'm wondering why this is the case. Is it because of the network congestion or some other technical issues? Can someone explain why Bitcoin Cash is so slow?
5 answers
GangnamGlitzGlamour
Fri Dec 20 2024
Bitcoin's blocks encapsulate all transactions conducted on the
Bitcoin network.
Moonshadow
Fri Dec 20 2024
The processing capacity of these on-chain transactions is restricted by the bitcoin network.
IncheonBeautyBloomingRadiance
Fri Dec 20 2024
One major limiting factor is the average block creation time, which stands at 10 minutes.
MountFujiMystic
Fri Dec 20 2024
Another constraint is the original block size limit, set at 1 megabyte.
AmyDavis
Thu Dec 19 2024
These two factors, the block creation time and block size limit, work together to limit the network's throughput.