Birdwatch Note Rating
2022-11-08 03:49:22 UTC - HELPFUL
Rated by Participant: B2B612CC640FFC40D58623F44809976A90FAD75BD7A9A834320C385338AB55D1
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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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