Tag: transactions

Bitcoin’s SegWit Adoption Keeps Rising Slowly

As the push to scale cryptocurrency networks is still in effect, the adoption of SegWit may play a role of importance. Recent statistics confirm the overall use of this technology is certainly on the rise. Without SegWit adoption increasing, new solutions to scale Bitcoin will need to be created. A Long way From Making SegWit the Standard For the time being, it seems there isn’t a real need to do …
[Read More]

4 Thoughts on the new All-time High Bitcoin Mining Difficulty

These are very interesting times for Bitcoin and all other cryptocurrencies on the market. When looking beyond the wild and somewhat entertaining price swings, it seems another statistic is worth paying attention to. The Bitcoin mining difficulty has reached a new all-time high following a major 11.26% increase. An intriguing turn of events which can have several different consequences. Major Bitcoin Mining Difficulty Increase Because…? For those who are unfamiliar …
[Read More]

Crypto vs VISA – Can Denarius Compete When it Comes to Transactions Per Second?

Bitcoin and blockchain technology may give us some insight into the future of payment processing but it sure has a long way to go. VISA handles on average around 2,000 transactions per second (tps) and peaks around 4,000 tps during high shopping periods. This is just a fraction of their capacity, which is said to be around 56,000 transactions per second. Paypal, in contrast, handled around 10 millions transactions per …
[Read More]

Bitcoin Cash Network Stats Hint at Low TX Fees and High-Value Transactions

Now that the Bitcoin Cash ecosystem is finally off the ground, it will be interesting to see how things evolve over time. As it happens, there are some fascinating statistics already. Many coins have been transferred across the network over the past 24 hours, even though the number of blocks on the network is still fairly low. All of these statistics are rather remarkable. Bitcoin Cash Statistics Are a Mixed bag It is still …
[Read More]