#blockchain

Achieving 1 Million Bitcoin Transactions per Second

Posted on Oct 27, 2018
by Peter Pietzuch , Joshua Lind , Ittay Eyal , Emin Gun Sirer , and Oded Naor

Teechain is a layer two payment network that offers high performance and strong security for blockchains and cryptocurrencies. In this blogpost we evaluate the performance of Teechain for the Bitcoin network: we look at the maximum throughput of several Teechain payment networks and measure...

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Blockchains are best-effort and why you should care

Posted on Oct 8, 2018
by Peter Pietzuch , Joshua Lind , Ittay Eyal , Emin Gun Sirer , and Oded Naor

Blockchains in cryptocurrencies allow users to exchange funds securely. However, their performance is limited by their need to achieve consensus for all payments. To overcome this, blockchain payment networks, such as the Lightning Network and...

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