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Wednesday, 11 July 2018

Memo Cash at Twitter Scale.

500,000,000 tweets per day.

211 bytes for a base memo tx + 144 characters per tweet = 355 bytes.

355 bytes * 500,000,000 = 177.5 gb per day = 1.23263889 gb per block.

Bitcoin Cash needs Gigablocks to support the number of tweets Twitter handles :O.
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On the bright side, each miner at this scale would make 12.3263889 BCH in transaction fees per block.

submitted by /u/imdoing
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from Bitcoin - The Internet of Money https://ift.tt/2maZJvK

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