Record ~80,000 transactions per 24 hour period surpassed (and now 90,000)

[Carlton Banks]

What with the (overall) positive congressional hearing, multiple all time high exchange rate records, plus the monetary base for BTC zooming up the charts, I'm predicting some sweaty foreheaded red faces and shouty phone calls inside the establishment financial world right now.

Anyone want to call how long MoneyGram is gonna last?  

[David M]

It almost managed 1 TPS which is impressive for a distributed database without hard lines.

Go Bitcoin Go!

[Mondy]

Damn thats a lot mostly from china

[Carlton Banks]

80,000 leaped to 90,000 in less than 24 hours. W00t.

[FenixRD]

It almost managed 1 TPS which is impressive for a distributed database without hard lines.

Go Bitcoin Go!

Not impressive, there are zero-fee transactions sitting at 30+ hours estimated confirmation time.

Yes, the scale was impressive, of course.

Not impressive is that there were so many "large" transactions sent with no fee. Part of this problem is that major services (blockchain.info, I'm looking at you) that still default to zero fee. Oddly, blockchain.info has three options: (1) Frugal aka zero, with a warning that this shit will take forever; (2) Recommended fee by mainline client -- somehow, this selection still gets zero fee added, in the case of a txn worth (at the time) $1200 USD equivalent, and all cases AFAICT; and (3) Generous, 0.001 per txn.

Highly disappointed to have to discover this enroute. Luckily I sent to myself so I plan to sweep the keys and "doublespend" it -- but that's garbage.