I just single-handedly increased Bitcoin network capacity by 0.05% today.

I spent 3 hours this afternoon refactoring a settlement script for a client that will result in 140 less network transactions per day. The cost savings currently amount to roughly $200 per month for the client, while increasing network capacity by 4,200 tx/mo.

I am positive that there are still many inefficient business-layer applications running from a no-fee era across the spectrum, many of which could be optimized for additional network capacity when the cost-savings make sense to do so.

Submitted May 25, 2016 at 12:26PM by openvpn_squid http://bit.ly/20zdRuu