[Bitcoin-development] Is there a way to estimate the maximum number of transactions per minute Bitcoin can handle as it is today?

On the Chinese "Single's Day" (sort of like the american Black Friday) according to MIT's Tech Review magazine "Alipay handled up to 2.85 million transactions per minute, and 54 percent of its transac

[Bitcoin-development] New BIP: protocol for multisignature payments

Hello, I've been thinking about how to solve security problems of the servers holding huge amounts of bitcoins (exchanges, markets...) and came up with this idea: https://gist.github.com/Kixunil/2ec79cf40a53fb899ac5 TL;DR: it's extension of BIP70 (but not fully compatible due to security reasons)

Re: [Bitcoin-development] New BIP: protocol for multisignature payments

Ooh, I had a very similar proposal, except it involved sharing generic P2SH scripts. It also involved facilitating requesting of signatures.. We should talk.On 31 Jan 2015 01:30, Martin Habovštiak wrote: > > Hello, > > I've been thinking about how to solve security problems of the servers > h

Re: [Bitcoin-development] Is there a way to estimate the maximum number of transactions per minute Bitcoin can handle as it is today?

You are assuming that the only way to use Bitcoin is on-chain transactions and that is the only way for it to scale. This is a mistake. On Fri, Jan 30, 2015 at 6:48 PM, Angel Leon wrote: > On the Chinese "Single's Day" (sort of like the american Black Friday) > according to MIT's Tech Review >

Re: [Bitcoin-development] Is there a way to estimate the maximum number of transactions per minute Bitcoin can handle as it is today?

This has been discussed before. I believe most people don't expect Bitcoin to replace all of the various methods of payment. Scalability is always a concern, just not to the level of Alipay this year (or the next or the next for that matter.) Nick On Jan 30, 2015 7:08 PM, "Angel Leon" wrote: >