Birdwatch Note Rating
2022-11-07 13:50:00 UTC - SOMEWHAT_HELPFUL
Rated by Participant: 04EB6AFCC00831797E0A8D3B4B21EF463221B104598ECC0DE82F4B82D2560228
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Original Note:
The theoretical maximum for Bitcoin is 27 transactions per second. If Bitcoin could achieve this rate 24/7, it could do 854 million transactions in a year, which is still about half of what Apple Pay did in 2020. https://eprint.iacr.org/2019/416.pdf https://appleinsider.com/articles/21/08/17/apple-pay-accounted-for-92-of-us-mobile-wallet-debit-transactions-in-2020-study-says
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