Well some one shared a very interesting Transaction processing comparison on bitshares reddit. here are some bits of it. (You can read full version
here )
Few days ago Vitalik Buterin said : "Ethereum is doing five a second. Uber gives 12 rides a second. It will take a couple of years for the blockchain to replace Visa.”
Well, in December 2016, Visa told MyBroadband that VisaNet processes an average of 150 million transaction each day.
Source. Say, it's around
1,700 transaction per second on average.
With the latest stress test, which was done 5 months ago, BitShares has proven to sustain successfully about 300 transaction per second on average,
with a peak of
more than 3000 transaction per second, which beats PayPal and which is already like 8x to 15x of what Ethereum is able to handle today (there is different data available on how much Ethereum handles but it varies from 5 TPS to 20–40 TPS, and we count the greatest).
So why it is so undervalued despite it has a decentralized exchange!! I think they need to put some effort in marketing campaigns. I am sure in the long term this project has a bright future.
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