Re: Best altcoin to be able to handle lots of transactions?
Bitshares is a vertical scale and it'll never be able to process 100,000 tx/s on commodity hardware let alone expensive server boxes. Even the very fastest CPUs at the moment will struggle to validate 30,000+ signatures per second and that is before doing anything else with regard to transactions like verifying outputs, read/writes to the DB etc...
I haven't seen any evidence of stress testing that proves BitShares's claim or the claims of any other crypto, and until we do, it should be taken as false advertising.
I haven't seen any evidence of stress testing that proves BitShares's claim or the claims of any other crypto, and until we do, it should be taken as false advertising.
Monero can handle 1600 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.
These are not addressing the block size scaling constraint. They are just referring to how fast nodes can verify transaction signatures. The former is the bandwidth elephant in the room and can't be scaled with existing consensus technology unless the mining is centralized on fiber connected servers.