Wednesday, October 11, 2017

Blockchain Scalability, a very real problem!

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- The scalability problem of cryptocurrencies. For bitcoin and ethereum to compete with more mainstream systems like Visa and Paypal, they need to seriously step up their game when it comes to transaction times. While Paypal manages 193 transactions per second and visa manages 1667 transactions per second, Ethereum does only 20 transactions per second while bitcoin manages a whopping 7 transactions per second! The only way that these numbers can be improved is if they work on their scalability.

Blockchain Scalability: When, Where, How?


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Item Reviewed: Blockchain Scalability, a very real problem! Rating: 5 Reviewed By: BUXONE