Fastest altcoin?

[kiklo]

i'd like to see figures for an alt that's running somewhere near maximum (claimed) capacity. it's very easy to make bold claims when all these blockchains are essentially at rest.

Guy , it is not a bold claim , it is math.
You can either do math or you can't. 


 

[tooth_fairy]

quark??? :-)))

[BitcoinNational]

BitShares/Steem, 3 second block, currently up to 1000 tps, realtime transactions flow you can see here: http://steemstream.com/

7 vs 1000

[25forsure#]

I didnt know bitcoin was so slow until I read this thread. Does bitcoin at least have plans to shorten blocktime? I hope so.

[kiklo]

I didnt know bitcoin was so slow until I read this thread. Does bitcoin at least have plans to shorten blocktime? I hope so.

Nope, they are scared too, because if they change block speed it throws off their halving dates or they have to modify the rewards lower to compensate.
They are looking at increasing blocksize, which will increase the capacity.

Segwit is a scam by the BTC core, trying to implement something called Lightening network to be used for offchain BTC transactions instead of the slower onchain transactions.
Chinese Mining Pools are not stupid, as this will decrease their fees and give control of BTC over to the LN network.
They will block seqwit to prevent LN.

Chinese mining pools want the blocksize to be increased by a factor of 8X,
BTC core is only now starting to offer 2X blocksize, mainly because the transaction queue are already full and some people are waiting days for a BTC transfer to complete.
https://blockchain.info/unconfirmed-transactions


 

[Labernie]

I see XRP is very fast on transaction just only 2 seconds then you can get xrp coin on your account.
There are many big organizations to use it for their transactions . The price is quite cheap now.