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Author Topic: blockchain tech slowly or not ?  (Read 102 times)
chickenfried12 (OP)
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December 22, 2017, 06:46:35 AM
 #1

i saw today 24 H period the transfer score :344800 . on block

what do you think about this details :

24h : 145440 second and : 2,37 per second each process number is it slowly for blockchain tech.

Do you think that such a powerful technology can cause such bigger problems in the future? So, we see that transfer approval is getting harder and harder.
According to NIST and ECRYPT II, the cryptographic algorithms used in Bitcoin are expected to be strong until at least 2030. (After that, it will not be too difficult to transition to different algorithms.)
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Xynerise
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December 22, 2017, 09:17:46 AM
 #2

There are already "problems" now, as in the case of slow confirmations.
But, I believe, with the advent of the lightning network, a huge burden will be removed from on-chain transactions and then transaction fees on chain will reduce drastically.

Basically right now most transactions on chain are small transactions, if most of them move to the lightning network, then there will be far less transactions on the main chain.
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