unnecessarily big text
Dude... chillax.
It's simple math: Bitcoin block time of 10min@1MB blocksize results in 7tps, thus Dash block time of 2.5min@1MB blocksize results in 28tps.
A block can contain 1MB of data. 1MB is the equivalent of 1,048,576 bytes.
Sendtoaddress=(40+180+50) bytes
Sendmany=(40n+180+50) bytes, where n is # of outputs
1,048,576-180-50=1,048,346 (block size remaining after overhead & input)
1,048,346/40=26,209 (#transactions able to be included in block assuming one input)
Block target conf. time = 600 seconds.
26,209/600=43.68 transactions per second
To be fungible in the real world we need much more btw
Let's see what Evan is thinking about...
yes, but 56tps for 2MB is not bad. considering with masternode we can theoretically double that number.
plus that we can still raise the size at least to 8MB (or more) if Dash really takes off. so i think Dash can reach above 400 tps without implementing radical changes.
8MB or more
The final volume block China have taken into consideration?
VISA can do 8,500 transactions per second
510,000 in 1 min
30,600,000 in 1 hour
734,400,000 in 1 day
22,032,000,000 in 1 month
264,384,000,000 in 1 year
Now we must think of the future If we want instantx technology and knowledge to use dash as digital cash
