How does the transaction speed of Bitcoin compare to Bitcoin SV?

3 answers

• Jan 14, 2022 · 3 years ago
  Bitcoin and Bitcoin SV have different transaction speeds. Bitcoin has a block time of 10 minutes, which means that it takes approximately 10 minutes for a new block of transactions to be added to the blockchain. On the other hand, Bitcoin SV has a block time of 2 minutes, which means that new blocks are added every 2 minutes. This means that Bitcoin SV has a faster transaction speed compared to Bitcoin.
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• Jan 14, 2022 · 3 years ago
  When it comes to transaction speed, Bitcoin SV is faster than Bitcoin. Bitcoin SV has a block size limit of 128MB, which allows for more transactions to be included in each block. This results in faster confirmation times and overall faster transaction speed. Bitcoin, on the other hand, has a block size limit of 1MB, which can lead to congestion and slower transaction speeds during periods of high demand.
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• Jan 14, 2022 · 3 years ago
  Bitcoin and Bitcoin SV have different transaction speeds. While Bitcoin has a block time of 10 minutes, Bitcoin SV has a block time of 2 minutes. This means that Bitcoin SV can process transactions faster than Bitcoin. However, it's important to note that transaction speed is not the only factor to consider when comparing these two cryptocurrencies. Other factors such as network security, scalability, and adoption also play a role in determining their overall value and utility.
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