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linknotzelda
Limited capacity of Bitcoin and other cryptocurrencies

Link: https://www.vox.com/2016/1/26/10829488/bitcion-block-size-debate

 

I think that cryptocurrencies, in general, failed to accomplish the designs and expectations a lot of people had on them. A big part of that I think is what this article pointed out. I saw a video on Netflix saying how Visa can process thousands of transactions in a second while Bitcoin can only do seven. The same system that gives it anonymity is the same system holding it back from being used widely because it can only do a limited number of transactions.

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