Re: NEM (XEM) Official Thread - 100% New Code - Easy To Use APIs
Nem Catapult reached 3085 tx/s average and 4142 tx/s at maximum.
holy crap.
https://www.sakura.ad.jp/press/2016/1220_blockchain/
holy crap.
https://www.sakura.ad.jp/press/2016/1220_blockchain/
Very good news for NEM. The new Catapult technology was tested by third parties and found out to be very fast.
In summary, Catapult was tested on three nodes that were turned off and on to simulate outages. They were spammed over 4000 tx/s. Spam was sent from over 10 million accounts. And everything worked great!
sounds good, but how many accounts were active in this environment? 10 million? sounds also good but should be more (visa has for example >800 million accounts).
the speed should be depending much on the number of accounts and also the length of the transactions stack since go-live, because the database calls will become slower, when the tables are longer...
Mmmmhhh.......but, how many people (in a full time job(dev´s)) and how much money or which infrastructure works for visa......?
Visa started 1970/1976 .....
its about the test significance, not visa...
bitcoin can not scale, because those kind of questions were not asked before...
For example if the transaction rate went down only linear with the amount of users you will be down to 50 tx/s with 800 million users. And if nem was about to replace visa (whenever it would be the case), everyone would shout omg, why didn't you think about that before...