Re: WOW! Cryptocurrency VS Visa Transaction per second (TPS) comparison
LN is great 2nd-layer/off-chain technology and actually can reach 1 million TPS, however people should note that you still need good computer/server if your LN connected to many channels or often used to route LN transaction, even though only merchants/services/user with high bitcoin amount on their LN nodes who need to worry about this.
Besides, there are few inaccurate info on the pictures such as :
1. Ethereum with their 2nd-layer/off-chain technology (Sharding, Raiden, Plasma and Enigma) also can significantly increase their TPS
2. Monero use dynamic blocksize limit, so Monero TPS could be less/more than 1000 TPS. But AFAIK with today's block size, surely monero TPS is far below 1000 TPS.
3. They need to mention that higher TPS always sacrifice something such as usability, ease-of-use, privacy or decentralization
That is capacity...
Would be really interesting and also far more realistic to compare actual transactions made in those chains.
For example, Tron is capable of 2000tx/s but is doing only...20532 a day , 10% compared to bitcoin.
I can create with 10$ a coin that has 10000tx/s capacity...but 0 usage.
Just like all the crapcoins listed there.
Few of these claim they already tested their coins and able to meet TPS they claimed, even though we will never know they use customer desktop, enterprise server (which mean they sacrifice decentralization) or make up the claim/test
Besides, there are few inaccurate info on the pictures such as :
1. Ethereum with their 2nd-layer/off-chain technology (Sharding, Raiden, Plasma and Enigma) also can significantly increase their TPS
2. Monero use dynamic blocksize limit, so Monero TPS could be less/more than 1000 TPS. But AFAIK with today's block size, surely monero TPS is far below 1000 TPS.
3. They need to mention that higher TPS always sacrifice something such as usability, ease-of-use, privacy or decentralization
WOW! Cryptocurrency VS Visa Transaction per second (TPS) comparison.
If we missed something, please comment
If we missed something, please comment
That is capacity...
Would be really interesting and also far more realistic to compare actual transactions made in those chains.
For example, Tron is capable of 2000tx/s but is doing only...20532 a day , 10% compared to bitcoin.
I can create with 10$ a coin that has 10000tx/s capacity...but 0 usage.
Just like all the crapcoins listed there.
Few of these claim they already tested their coins and able to meet TPS they claimed, even though we will never know they use customer desktop, enterprise server (which mean they sacrifice decentralization) or make up the claim/test