Pay With Lightning pill shaped image with orange Bitcoin Lightning logo.

Bitcoin T-shirts

Pay With Bitcoin pill shaped image with orange Bitcoin logo.

Bitcoin T-shirts

Pay With Lightning pill shaped image with orange Bitcoin Lightning logo.
Pay With Bitcoin pill shaped image with orange Bitcoin logo.

Fedwire Transactions Per Second

Credit cards vs Fedwire. Bitcoin Lightning network vs Bitcoin Timechain.

When people make fun of Bitcoin for only processing 7 transactions per second, what they fail to realize is that that’s 7 transactions per second of final settlement.

VISA, Mastercard, Amex, Discover are how payment transactions are processed, but *not* how final settlement is processed.

Bitcoin Lightning network is the equivalent of the VISA, Mastercard, Amex, and Discover networks. https://mempool.space/lightning

Fedwire March 2024 daily transactions per second: 9.45 (816,322 average daily volume of transfers).

Resources:

Leave a Comment

Bitcoin Resources

The Bitcoin Standard

by Saifedean Ammous

Bitcoin Whitepaper

by Satoshi Nakamoto

Not Your Keys, Not Your Coins

by Andreas M. Antonopoulos

Pay With Lightning pill shaped image with orange Bitcoin Lightning logo.
Pay With Bitcoin pill shaped image with orange Bitcoin logo.