Total transactions per second:
Visa: 24,000 Ripple (CCC: XRP-USD): 1,500
PayPal: 193
Bitcoin Cash (CCC: BCH-USD): 60
Litecoin (CCC: LTC-USD): 56
Dash (CCC: DASH-USD): 48
Ethereum (CCC: ETH-USD): 20
Bitcoin (CCC: BTC-USD): 7
https://steemit.com/cryptocurrency/@steemhoops99/transaction-speed-bitcoin-visa-iota-paypalVISA can handle on average around 1,700 transactions per second (tps), call it a daily peak rate of 4,000 tps.
PayPal, in contrast, handled around 10 million transactions per day for an average of 115 tps in late 2014.
Today the Bitcoin network is restricted to a sustained rate of 7 tps due
Iota can already handle between 500-800 tps.
Ethereum 20 transactions per second (Cost= 0.01-0.1 USD+)
Only of those above, which itself advertises its speed is VISA
https://en.wikipedia.org/wiki/Visa_Inc.
can handle up to
30,000 simultaneous transactions and up to 100 billion computations every second
Is this the raw truth?
If it is, that makes two things true.
Crypto currencies are too slow for real world usage. And therefore LemonAndFries had it right:NEM is an experimental.