I am trying to figure out how many Bitcoin transactions could be verified per second. Am I correct that signature verification is more expansive than computing Merkletrees and hashes and constitutes the bottleneck of the verification process?
Looking at this paper: https://arxiv.org/abs/1508.00184 I see that we could verify tens of thousands signatures per second am I misunderstanding the results?
For this question I ignore questions like internet bandwith and storage requirements to handle the stream of incoming data. I am purely intersted in verification.