According to BitInfoCharts, Bitcoin Cash (BCH) has successfully coped with stress testing, during which the number of transactions exceeded 1 million.
The purpose of the test – handle “millions of transactions with minimal fees” for 24 hours to prove the efficiency and scalability of Bitcoin Cash, as well as to provide data for developers and businesses operating in the network BCH.
The stress test was carried out on 1 September, ten weeks before the scheduled November update, and will probably be held annually.
As a result, the stress test Bitcoin Cash share of transactions BCH amounted to 63 percent of all cryptocurrency transactions in the last 24 hours. The second currency the number of transactions on this day is Ethereum (ETH).
According to the Coin Dance in the course of the stress test amount of microtransactions in the network BCH rose to 14 in the 300 block. According Fork.lol, the number of transactions reached 25.783 on the block. Usually, the number of transactions in the block is from 90 to 150. For comparison, the average number of transactions in a block in bitcoin (BTC) is from 1000 to 1500.
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According BitInfoCharts, the Commission for the operation according to the Coin Dance is not increased, the opposite was observed even a small reduction from $0.002 to $0.0017.
Earlier we wrote that the number of transactions the Bitcoin network, Cash decreased several times. Volumes also decreased to $ 3.7 million in may, falling by more than 50% compared with the figures of March, when the total volume of operations amounted to 10.5 million dollars.