Media Log on Nostr: > how utterly insane it is that BTC, Bitcoin, was capped at 7 transactions per ...
> how utterly insane it is that BTC, Bitcoin, was capped at 7 transactions per second. You know, the the this was crazy, like, in 2012, but the idea in 2024 that, like, you know, you have this a couple megabytes, every 10 minutes are produced on the Bitcoin network. It's it's multiple orders of magnitude off of from what what, is technologically possible right now without really, causing any decentralization problems. It just doesn't make any sense.
Published at
2024-12-26 00:45:26Event JSON
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"content": "\u003e how utterly insane it is that BTC, Bitcoin, was capped at 7 transactions per second. You know, the the this was crazy, like, in 2012, but the idea in 2024 that, like, you know, you have this a couple megabytes, every 10 minutes are produced on the Bitcoin network. It's it's multiple orders of magnitude off of from what what, is technologically possible right now without really, causing any decentralization problems. It just doesn't make any sense.",
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