Who Scales It Best? Blockchains' TPS Analysis

Written by taygundogan | Published 2019/07/22
Tech Story Tags: cryptocurrency | crypto | bitcoin | scability | ethereum | latest-tech-stories | eth-vs-btc-transaction-speed | bitcoin-transaction-time

TLDR Bitcoin's blocks, which dominate 60% of the market dominance, are still very slow and processing speeds are slow. A Bitcoin transfer takes approximately 1 hour, while an Ether transfer can take up to 6 minutes. Ripple's XRP can scale up to 50,000 TPS to handle the same throughput as Visa. Ripple has its own patented technology: the Ripple consensus consensus consensus protocol. Bitcoin is still the most valuable cryptocurrency, it reminds me of Adam Smith's value paradox, but that's not the subject of our article.via the TL;DR App

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Written by taygundogan | "Long Bitcoin, Short The Banks" @nuxxorcoin
Published by HackerNoon on 2019/07/22