Reddit Posts
Thore Cash (TCH) Rises 30.37%, Outperforms the Crypto Market Friday
"BiTcOiN iS a SpEcUlAtIvE aSs-" B!TCH, all assets you buy for investment growth are speculative! ffs.
I did it Y'all. I figured out the next Moon coin
Mentions
Then probably long on $B*TCH because we are going to see increasing numbers.
Don't forget that the current scale of LN is still very low compared to global adoption, so the fact that it manages the load today, does not indicate that it could handle massive scale. Regardless, my initial comment that `As far as I know LN does not address transactions over certain threshold` was about big value transfers much above 500€ or even 10k €. While you could argue that LN could replace something like Visa (yet to be proven), I really don't see it replacing institutional transfers. Let's look at some numbers for the biggest transactions: **Fedwire (US)** [Fedwire](https://en.wikipedia.org/wiki/Fedwire) is a real-time gross settlement funds transfer system operated by the United States Federal Reserve Banks that allows financial institutions to electronically transfer funds between its more than 9,289 participants. In 2022 Fedwire settled `196,052,238` transactions, with total value of `1.06 quadrillion USD`^(1). That averages to `~$5.41 million` per transfer. Average number of transactions per second handled by Fedwire: `196,052,238 / (365 * 24 * 60 * 60) = ~6.2 TPS` **CHIPS (US)** [CHIPS](https://en.wikipedia.org/wiki/Clearing_House_Interbank_Payments_System) (Clearing House Interbank Payments System) is a United States private clearing house for large-value transactions. Together with the Federal Reserve Banks' Fedwire Funds Service, CHIPS forms the primary U.S. network for large-value domestic and international USD payments where it has a market share of around 96%. On a typical operating day, CHIPS settles nearly `0.5 million` payments worth approximately `$1.7 trillion`^(2). That averages to `~$3.4 million` per payment. Average number of transactions per second handled by CHIPS: `500,000 / (24 * 60 * 60) = ~5.8 TPS` **Total (US)** In total, Fedwire and CHIPS systems process an average of `~12 transactions per second`. As they handle `~96%` of US large-value transfers, we can approximate the total average of `~12.5 TPS`. **Global estimates** Using a very rough assumption that global large-value payments are proportional to US numbers (by GDP), the statistics of 2022 global GDP of `$100.2 trillion`^(3), and 2022 US GDP of `$25.5 trillion`^(4), we can calculate a very rough estimate for global, multi-million dollar transactions per second: `12.5 * 100.2 / 25.5 = ~49 TPS` In reality, number of large-value transactions is probably larger, with lower average value. I we would try to estimate it as proportional to the population, with world population `8 billion`^(5), and US population of `336 million`^(6) we would get an average: `12.5 * 8 / 0.336 = ~298 TPS` The real number is probably somewhere in between, but ever-growing, and probably trending toward the upper bound as economic activity in less developed regions grow. Note that these numbers are **averages**, and systems like that **should typically support much higher numbers of transactions per second to handle the peaks**. How many TPS can Bitcoin handle? Can it handle peaks without significant delays? What about the additional blockspace demand from layer 2 solutions? I made similar summaries for [wages](https://www.reddit.com/r/Bitcoin/comments/13wngel/comment/jmemh69/?utm_source=share&utm_medium=web2x&context=3), [SWIFT](https://www.reddit.com/r/Bitcoin/comments/13tx2xt/comment/jm0enly/?utm_source=share&utm_medium=web2x&context=3) and [ACH transfers](https://www.reddit.com/r/Bitcoin/comments/13em49x/comment/jjta4xv/?utm_source=share&utm_medium=web2x&context=3), which also don't seem suitable for LN. --- _Sources:_ ^(1) [Fedwire Funds Service - Annual Statistics](https://www.frbservices.org/resources/financial-services/wires/volume-value-stats/annual-stats.html) ^(2) [FNA CHIPS Review 2023](https://mc-e3a82812-8e7a-44d9-956f-8910-cdn-endpoint.azureedge.net/-/media/New/TCH/Documents/Payment-Systems/FNA_CHIPS_Review_Public_Distribution_January_2023.pdf?rev=def326787ed942b8b4da5ae6be7db3bd&hash=397A2559090DA4265C61899DA2000B83) ^(3) [Global gross domestic product (GDP) at current prices from 1985 to 2028](https://www.statista.com/statistics/268750/global-gross-domestic-product-gdp/) ^(4) [The 20 countries with the largest gross domestic product (GDP) in 2022](https://www.statista.com/statistics/268173/countries-with-the-largest-gross-domestic-product-gdp/) ^(5) [Worldometer - Current World Population](https://www.worldometers.info/world-population/) ^(6) [Worldometer - United States Population](https://www.worldometers.info/world-population/us-population/)
Tomorrow’s news: Thore Cash (TCH) drops 75%
tldr; Thore Cash (TCH) has risen 30.37% and outperformed the crypto market on Friday, with a moderate volatility rank of 60 and a low reading on the Risk/Reward Gauge, indicating moderate price swings and protection from price manipulation. However, TCH's price is trading above resistance, potentially leaving it in a volatile position if the rally burns out. TCH is a digital asset that exists on another cryptocurrency's blockchain. *This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.*
In its current form, it's not really suited for even large, multi-million dollar transactions either. Not to mention "smaller" ones in the range of ten or hundred thousand dollars (or equivalent). # Fedwire (US) [Fedwire](https://en.wikipedia.org/wiki/Fedwire) is a real-time gross settlement funds transfer system operated by the United States Federal Reserve Banks that allows financial institutions to electronically transfer funds between its more than 9,289 participants. In 2022 Fedwire settled `196,052,238` transactions, with total value of `1.06 quadrillion USD`^(1). That averages to `~$5.41 million` per transfer. Average number of transactions per second handled by Fedwire: `196,052,238 / (365 * 24 * 60 * 60) = ~6.2 TPS` # CHIPS (US) [CHIPS](https://en.wikipedia.org/wiki/Clearing_House_Interbank_Payments_System) (Clearing House Interbank Payments System) is a United States private clearing house for large-value transactions. Together with the Federal Reserve Banks' Fedwire Funds Service, CHIPS forms the primary U.S. network for large-value domestic and international USD payments where it has a market share of around 96%. On a typical operating day, CHIPS settles nearly `0.5 million` payments worth approximately `$1.7 trillion`^(2). That averages to `~$3.4 million` per payment. Average number of transactions per second handled by CHIPS: `500,000 / (24 * 60 * 60) = ~5.8 TPS` # Total (US) In total, Fedwire and CHIPS systems process an average of `~12 transactions per second`. As they handle `~96%` of US large-value transfers, we can approximate the total average of `~12.5 TPS`. # Global estimates Using a very rough assumption that global large-value payments are proportional to US numbers (by GDP), the statistics of 2022 global GDP of `$100.2 trillion`^(3), and 2022 US GDP of `$25.5 trillion`^(4), we can calculate a very rough estimate for global, multi-million dollar transactions per second: `12.5 * 100.2 / 25.5 = ~49 TPS` In reality, number of large-value transactions is probably larger, with lower average value. I we would try to estimate it as proportional to the population, with world population `8 billion`^(5), and US population of `336 million`^(6) we would get an average: `12.5 * 8 / 0.336 = ~298 TPS` The real number is probably somewhere in between, but ever-growing, and probably trending toward the upper bound as economic activity in less developed regions grow. Note that these numbers are averages, and systems like that typically support much higher numbers of transactions per second to handle the peaks. How many TPS can Bitcoin handle? Can it handle peaks without delays? --- _Sources:_ ^(1) [Fedwire Funds Service - Annual Statistics](https://www.frbservices.org/resources/financial-services/wires/volume-value-stats/annual-stats.html) ^(2) [FNA CHIPS Review 2023](https://mc-e3a82812-8e7a-44d9-956f-8910-cdn-endpoint.azureedge.net/-/media/New/TCH/Documents/Payment-Systems/FNA_CHIPS_Review_Public_Distribution_January_2023.pdf?rev=def326787ed942b8b4da5ae6be7db3bd&hash=397A2559090DA4265C61899DA2000B83) ^(3) [Global gross domestic product (GDP) at current prices from 1985 to 2028](https://www.statista.com/statistics/268750/global-gross-domestic-product-gdp/) ^(4) [The 20 countries with the largest gross domestic product (GDP) in 2022](https://www.statista.com/statistics/268173/countries-with-the-largest-gross-domestic-product-gdp/) ^(5) [Worldometer - Current World Population](https://www.worldometers.info/world-population/) ^(6) [Worldometer - United States Population](https://www.worldometers.info/world-population/us-population/)
>With FedNow, you no longer have to wait for funds to clear in 3-business days. The US banking system has had real time payments since 2017 via TCH. It's definitely not new, it's just being run by the Fed now.
They are implementing this because TCH has been eating the fed wire service and ACH’s lunch. They will soon convert banks from using fed wire format to the new ISO 20022 which is the format TCH uses. I have only heard banks will have fednow accounts like they currently have fed accounts.
The new merge: 1 BTC/BCH = B1TCH
I got a crypto job. My boss was a contoling B\*TCH and expected me to work 18 hours day ​ I got fired because i wasnt there when she wanted me too be because i was taking a Physics exam. ​ On the plus side, she isnt with the Crypto company i was working with anymore
I just need a TCH coin and it'll go nicely with my CRO.
"There's a point in time when one has to just stop, turn the page and move on and continue to work with those who have put their trust in me." Translation: "Don't like what I did? Tough titties. Move on." FUUUUUUX THIIIIIIS B\*TCH THO
PORTFOLIO TOKEN is a sleeping giant. This thing is going to change the game. GOOGLE ME, B*TCH!!!!!!!!!
Good one TCH420, what a name
Nah bruh it’s called BULL RUN B!TCH I ain’t closing my already +70% long position ayyyy 🚀🚀🚀🚀🚀😁😁🚀
In box the guy and tell him..."Smells like B*TCH in here"
I saw YG perform once. His crew was calling girls up on stage to dance. This one, wasted, less model-esque girl invited herself up and started twerking. One of his crew literally dragged her off the stage in a chokehold, while they got the entire place to chant “YO P*SSY STANK B*TCH, YO P*SSY STANK B*TCH”
PUMP MATIC TO PROVE ALTS ARE NOT DEAT. RECLAIM THE BULL MARKET. STOP THIS BÎTCH LIKE BEHAVIOR BY MARKETS THIS WEEK like after I take girls out on the first day. Spent 100$ plus and then their replays decline to 0% 😭
Bro, you’re reta@rded and your investment is ret@rded and most importantly your idol is Joe Rogan which makes you more, you guessed it RET@RDED DOGECOIN TO MOON B!TCH AND SUCKS TO BE YOU TO HAVE MISSED THE BOAT LOL AND 35K UPVOTES ON REDDIT DON’T MEAN SHIT WHEN YOU MISSED THE DOGE BOAT LOL
ɴᴏᴡ ᴘʟᴀʏɪɴɢ: [Squeeze - Cool For Cats (Off](https://www.youtube.com/watch?v=uJ2cEc_TCH8) ─────────⚪───── ◄◄⠀[▶](https://www.youtube.com/watch?v=uJ2cEc_TCH8)⠀►►⠀ 2:06 / 3:10 ⠀ ───○ 🔊 ᴴᴰ ⚙️
ɴᴏᴡ ᴘʟᴀʏɪɴɢ: [Squeeze - Cool For Cats (Off](https://www.youtube.com/watch?v=uJ2cEc_TCH8) ─────────⚪───── ◄◄⠀[▶](https://www.youtube.com/watch?v=uJ2cEc_TCH8)⠀►►⠀ 2:06 / 3:10 ⠀ ───○ 🔊 ᴴᴰ ⚙️