Crypto News & ICO Reviews
A minor stress test last month didn’t cause too much of an issue with the #Bitcoin network.
However discussion in Bitcoin Forums shows a bigger test may be collapsing the #BitcoinNetwork recently.
The huge volume of unconfirmed transactions is causing many Bitcoin experts to raise alarms over how the Bitcoin Network may not be able to handle huge volumes of transactions.
Dr. Sol Adoni theorized in his book BITCOIN ALGORITHM that such huge volumes might collapse the block chain that can’t handle huge volumes that super servers used by real banking systems to do millions of daily transactions handle such as those used by both Visa and Mastercard.
It appears the weaknesses explained by Dr. Adoni in his book on Bitcoin are now being seen, the Bitcoin Network can handle minor amounts of transactions but huge volumes of transactions are collapsing the block chain nodes.