Post
Topic
Board Altcoin Discussion
Re: EOS - Asynchronous Smart Contract Platform - (Dan Larimer of Bitshares/Steem)
by
gribble
on 26/10/2017, 10:01:52 UTC
University of Sydney’s Red Belly Blockchain Scales 660,000 Transactions/Sec; 11.5x of Visa, 94,000x of Bitcoin. https://www.cryptocoinsnews.com/university-sydneys-red-belly-blockchain-scales-660000-transactionssec/
New trials from the University of Sydney’s Red Belly Blockchain have found that it can process financial transactions 50 times faster than originally thought, making it quicker than Visa for worldwide payments.
The next stage for the Red Belly Blockchain is to make it available to all Internet users and eos may no longer be needed.