i'm from germany, so excuse and gramatical mistakes
I'm just at the beginning of understanding the whole bitcoin concept. As far as i understood it up to now, EVERY client participating in the bitcoin network has to process ALL transactions generated by the network.
Currently there are approx. 130.000 blocks which have to be processed by my client if i start using bitcoin. This took arround 4 hours on my machine to finish. Currently every day there are approx. 250 new blocks which have to be processed too. At this point this is not a performance problem.
But what will happen if Bitcoin get so popular, that millions of people will use it every day for some transactions?
My wallet is only recieving any money someone send to me if it has processed the block the specific transaction was in. If the amount of transactions will exeed my computers processing capacity it will take longer and longer for me to recieve money. First this will perhaps be just an hour, later is possibily could be a day or more.
Is there something i did not understood or is there a misconception which will emerge only if bitcoin will get a heavy used thing?
Hope i could point out my "problem"