Robinhood CEO Says Dogcoin Has Potential to Become Internet Currency

He also believes the current one-minute block-out time is redundant. For best performance, this should be reduced to ten seconds.

The most controversial change is the increase in block size. Tenev claims that to compete with Visa's 65,000 transactions per second, the block size would need to be increased 10,000 times from the current 1MB.

The downside is that node operators would need more advanced equipment than the Raspberry Pi to enable this adjustment. On the other hand, Tenev believes this is a worthwhile trade-off.