Quote from: gribble on October 26, 2017, 02:20:02 PM

Quote from: zeeman on October 26, 2017, 10:43:15 AM

Quote from: gribble on October 26, 2017, 10:01:52 AM

University of Sydneys 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 Sydneys 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.

Quite cool, but EOS will do 1 million Ts/sec. with 100 CPUs according to Dan:

Quote

Our latest tests showed the Red Belly Blockchain can process more than 660,000 transactions per second on 300 machines in a single data centre. This is a notable improvement from our tests earlier in the year, which showed our blockchain achieved a performance of more than 440,000 transactions per second on 100 machines.

And don't forget that EOS is more than just transactions. It has a virtual machine to run contracts. Just like ethereum's EVM only faster. I don't know if that project from Sydney is about transactions or that it also has a virtual machine in it....

And i don't know are they serious to build the project due to it is still trials and how much their experience in the technology behind of blockchain, if be compared with dan larimer as we know dan is founder of bitshare and steemit,
He has good experience in technology behind of blockchain, his skills doesn't doubt in this technology. I will make updating if i have found something new about the Red Belly blockchain.

The other article related with Red Belly based on https://medium.com/@justindanneman/blockchain-just-became-obsolete-the-future-is-hashgraph-de4948609cbf There are several things that stand out about this protocol and every other protocol claiming 100K+ TPS: they are all ignoring actual computation time and/or are based on UTXO. In the case of Swirlds, they are only talking about timestamping transactions, not validating those transactions and while I didn't see explicit mention of UTXO, it seemed to describe a UTXO based approach which effectively means you could never build a decentralized exchange or steemit on it. Red Belly is UTXO, it is not blockchain