Now I wondered if a stress test of the load on the network was carried out?
I mean a large number of transactions per unit of time.
How much will the transaction fee change and possibly the waiting time?
That is, if GRIN becomes digital cash in the future, will a large volume of transactions be a problem for the network
Grin can do maybe up to 30 layer 1 transactions per second. So it is not going to replace Visa.
Grin support basic Lightning channels. Although we will not need lightning channels for a very long time, the devs made sure to bake in relative time-lock that is needed for lightning channels in the 5th planned hard fork. So Grin is future proof
Introduction
The scope of Hard Fork 3 / v4.0.0 was defined last week.
Around January 15, 2021, we expect Hard Fork 4 / v5.0.0 to occur. This is the last of the scheduled hard forks. It’s unclear whether there will be more added , but if things play out according to the current plan, we should not be expecting to introduce consensus breaking changes after that version.
So what really needs to go into v5.0.0 for Grin to be in the best possible shape on the consensus layer by then?
If you have id…
2 Likes