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Bitcoin Network Capacity Analysis – Part 2: Macro Transaction Trends

This is a continuation of TradeBlock’s block chain and network analysis to address the ongoing block size discussions.

One of the most common metrics used to assess bitcoin, and payment networks more generally, is transactions per second and/or per day. When compared side-by-side, bitcoin’s capacity falls well short of the existing transaction volume of other major payment networks – a leading cause of the push to increase the block size limit.

Tags

bitcoin, cryptocurrency