Detailed explanation of BitCoin In Urdu

Foreigner

Senator (1k+ posts)
Great video. However I'd like to add that Bitcoin transaction is not instant, in best case it would require quite a few hours to process. That is because of limited transaction capacity of each block. Apart from the speed, it also has quite high transaction fee.

A lot of new coins built on the blockchain are much more efficient and faster than Bitcoin. I would think Raiblocks is one of the best alternative, it's much faster, highly scalable and there's no transaction fee.

 

raju

Senator (1k+ posts)
Great video. However I'd like to add that Bitcoin transaction is not instant, in best case it would require quite a few hours to process. That is because of limited transaction capacity of each block. Apart from the speed, it also has quite high transaction fee.

A lot of new coins built on the blockchain are much more efficient and faster than Bitcoin. I would think Raiblocks is one of the best alternative, it's much faster, highly scalable and there's no transaction fee.


I agree

But Bitcoin is the king and will always be
It will be used as a store of value, not for transactions
 

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