Alipay handled up to 2.85 million transactions per minute, and 54 percent
of its transactions are made via mobile device.
I know China is a very big place but even so - 47,500 transactions per
second would be almost quintiple what Visa handles across the entire world.
With only 300 million
My concerns come from 2 projects that could easily raise the current
transaction volume 10x daily in the short term, perhaps even 100x a year
from now after the media blows it out.
Think legal bittorrent file sales: ebooks, indie music (albums and
singles), films, art, stock photography.
Think
On Fri, 30 Jan 2015, Nick Simpson wrote:
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.)
Yes,
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 gubat...@gmail.com wrote:
On the Chinese Single's Day (sort of like the american Black Friday)
according to MIT's
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
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