undefined | Better HN

0 pointsdjaro2y ago0 comments

Bitcoin does 7 transactions per second and has a latency of hours if you don't want to pay extremely high gas fees, so you can't use it as a currency.

0 comments

rafaelero2y ago

Bitcoin has similar throughput to Fedwire, so if we can build our current infrastructure using the Fed, we can do the same with Bitcoin.

j / k navigate · click thread line to collapse

0 pointsdjaro2y ago0 comments

Bitcoin does 7 transactions per second and has a latency of hours if you don't want to pay extremely high gas fees, so you can't use it as a currency.

0 comments

rafaelero2y ago

Bitcoin has similar throughput to Fedwire, so if we can build our current infrastructure using the Fed, we can do the same with Bitcoin.

j / k navigate · click thread line to collapse