Apologies for the delayed reply. This is a very excellent point and were glad you looked so thoroughly through our white paper to find it. The data you cited from Visa represents the STRESS testing and PEAK transaction speeds that Visa can handlefor example, AliPay can currently handle 180k TPS at peak. However, the average TPS for Visa is still in the 4,000-5,000 range. Our figures in the white paper are for our average as well. We can handle up to 100k TPS for short periods (such as holidays like you mentioned) but we feel reporting this number gives a false impression of our capabilities and that average is much more important. No company can reliably offer 47,000 TPS as an average. Even Ethereum Enterprise which is aiming for just 100 TPS has yet to reach it. We feel this is really one of the hidden strengths of GATCOIN.
That is an impressive performance.
Who can run Super Large Ledger nodes? Are they restricted to consortia merchants and GATCOIN? So while the GAT Coins live on the decentralized Ethereum network, the Merchant Tokens could be considered more or less centralized, if not in terms of hardware but in terms of control?