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Recent Growth of Transactions
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Topic: Recent Growth of Transactions (Read 840 times)
Tittiez
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Recent Growth of Transactions
June 11, 2012, 12:14:58 AM
#1
The last few months there has been substantial growth in the number of transactions, do you think its simply because of more services popping up?
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The network tries to produce one block per 10 minutes. It does this by automatically adjusting how difficult it is to produce blocks.
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drlatino999
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Re: Recent Growth of Transactions
June 11, 2012, 12:17:48 AM
#2
/Satoshidice
Sappers clear the way
Tittiez
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Re: Recent Growth of Transactions
June 11, 2012, 12:18:17 AM
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Quote from: drlatino999 on June 11, 2012, 12:17:48 AM
/Satoshidice
Ah, that makes sense.
Stephen Gornick
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Re: Recent Growth of Transactions
June 11, 2012, 03:44:42 AM
#4
This version of the chart will show a rise as well, just to a fraction of a degree.
-
http://blockchain.info/charts/n-transactions-excluding-popular
While those SatoshiDICE transactions are a little different than other transactions, they still cause demand for bitcoins (i.e., you can't wager on SatoshiDICE with bitcoins you don't actually own) so excluding them isn't really the right approach in determining bitcoin usage rate movements either.
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