Interesting post by smooth on another thread, thanks to the last optimizations Monero can actually get near VISA-levels of TPS:
Monero has a very scalable block size solution. It is "adaptive" as it changes with the amount of information going through the Monero network.
Okay, thanks. I'd prefer a number, but what you wrote will do.
What he said was right. There is no hard limit in the protocol. Noodle Doodle's recent benchmarks on an i7-2600K show 2.5 ms average tx verification time (per core) so that would max out at 1600 tx/second.
Usage at that level would require a lot of bandwidth and CPUs slower than a 2011 quad core desktop would not be able to keep up and would need to drop off.
Speaking of block size...what's Monero's capacity in terms of txs per second?
Monero has a very scalable block size solution. It is "adaptive" as it changes with the amount of information going through the Monero network.
Okay, thanks. I'd prefer a number, but what you wrote will do.
What he said was right. There is no hard limit in the protocol. Noodle Doodle's recent benchmarks on an i7-2600K show 2.5 ms average tx verification time (per core) so that would max out at 1600 tx/second.
Usage at that level would require a lot of bandwidth and CPUs slower than a 2011 quad core desktop would not be able to keep up and would need to drop off.
The good news, re:groundbreaking study detailing scaling capability in the face of exploding demand, has yet to permeate down to the traders. Early bird gets the worm.