upgrade going over all the new changes that are coming up next week for $BCH ?
https://www.youtube.com/watch?v=dOoKz-xOtJc
https://bitcoincashpodcast.com/faqs/BCH/what-is-the-maximum-bch-blocksize
seems like I was just-in-time with my video 😉
This video is great. Thank you Will $BCH be able to handle 1 MILLION transactions per second after May 15th ?
Yes & no. Immediately, no. But if transaction volumes grow over time and ABLA raises the limit high enough, then yes. That will take many many years though.
Right now we can do about 128 TPS, we could grow into 1k TPS after few years, which also happens to be at the limit of current tech stack (due to pool orphan rates). By the time we get to 1k TPS, the tech stack should be improved to get us ready for 10k without risking decentralization, and so on until we reach 1M :D
but 1M looks insane from where we stand now, that would imply 250GB blocks
indeed, it's fun to realize this. When I first validated a downloaded 256MB block and I was noting it took 45 sec or so to verify and update the UTXO, I figured it was slow. (numbers from 2019) But in reality that is insanely fast and likely to be much faster when we actually have that volume on a real chain.
Need to open your mouth more for the thumbnail next time haha
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