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RE: Steem Transaction and Post Activity, with BTC Transaction Comparison

in #steem8 years ago

The similarity with the five year lag is remarkable. This article is shocking to me. The transaction rate seems to have an asymptote at 9 000. Bitcoin is delivering. 280 000! This network's use is a long way from Bitcoin's use. Although theoretically Steem can do a lot more it really is a long way from demonstrating it can do as much as Bitcoin.

That's the thing with all of these other altercoins that have an increased blocksize limit. Basically if the Steem had a one megabyte per ten minute transaction limit, we would have never noticed.

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Good point, thanks for the feedback. The block size that holds an amount of transactions would change things.

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