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What are the plans to improve the 7tps limit?

Bitcoin Reddit

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I love Bitcoin, as everyone else does here, but what's in the works to improve the 7 transactions per second (tps) limit? I did some math and that's a maximum of 604,800 transactions per day, I mean there are about 330 million people in the USA alone. That means less than 1% of the people in 1 country would be able to make a single transaction in a day. What can be done about this?

submitted by /u/iamnotbart
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