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by ghall 3979 days ago
Great article.

Given this spam attack, do you think it's a realistic goal for BTC to displace traditional payment networks. Visa routinely handles 2000 TPS. At this volume, wouldn't miner fees =~ cc fees?

1 comments

Thanks! I do, but there needs to be some evolution for the protocol to adapt while still maintaining relatively low fees. Not sure if it'll be Lightning Network, bigger blocks, and/or IBLTs, but I know what it won't be: bitcoin-core 0.11, as it exists today.