Quote from: reorder on November 16, 2014, 09:48:48 PM

Quote from: cryptographix on November 16, 2014, 09:36:17 PM

Hello
there is latest news from ePesoInitiative saying clearinghouse is not currently suitable host
need more transactions per second to be considered

Quote from: ePesoInitiative on November 16, 2014, 06:09:32 AM

VIACOIN / CLEARINGHOUSE NETWORK:

We discovered that the current state of the network only allows roughly 8 transactions per 30-60 seconds - much less when there are few active miners (We are aiming for 2,000 transactions per second for a viable national network). We assume miners are turned away from the current price of Viacoin and Clearinghouse coins, hence, the lack of miners. It seems that the network is under-valued or dying.

We also assume that if the network gets more miners and becomes more secure, the number of confirmations allowed in a specific time range will improve. Until then, ePeso cannot be adopted in a nation-wide level.

We sincerely hope that any revolutionary development in Viacoin will change the current state.

FWIW, no decentralized blockchain maintaining full ledger can cope with 2000 transaction/sec.

can this number be increased with the increasing of miners?