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Author Topic: What coins have the highest potential tps currently?  (Read 2597 times)
kiklo
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April 17, 2017, 07:51:05 AM
Last edit: April 17, 2017, 08:05:44 AM by kiklo
 #21

ZEIT  20X  bitcoin's current Onchain Transaction Capacity.
i have checked it out.
ZEIT  also has 2000X  bitcoin's current orphan rate.

the number of orphans created by ZEIT is about 1500 to 2000 blocks per day.

Hmm,
No need to Lie,
our orphan rate can be viewed here.
https://chainz.cryptoid.info/zeit/#!extraction

BTC average is 3 orphans per day,
Our average is ~180 per day
So ~60X the orphan rate not that 1500 to 2000 , you pulled out of your butt.

But we have that 180 Spread out over 2880 blocks per day.
Less than 6% of the total. No Big deal.  Wink



Our price is extremely low until the ultra low inflation activates in the next month or so.

when price falls under 1 satoshi we no longer call it "extremely low" we call it dead coin.
no inflation change can save or change the price anymore.
current price is 0.6 satoshi!

Marketcap bounces between $250,000 & $600,000 at the present time,
If near ½ million Dollars is dead, then call us Zampires , cause we will be here forever.
And that is with an inflation rate of 5% per year, when we move to .0005% per year , price has nowhere to go but up.



But you could probably buy $100 worth of ZEIT and have ~ same % of coins as the BTC spammers,
Feel free to hit ZEIT with a spam attack, take your best shot. Cheesy
FYI:
Our Transaction fee is fixed and are all served in the order they appear in the mempool , none of that BTC shenanigans requiring higher fees.  Wink

spam attack on a network where blocks are empty is useless.
asking for more fee on a network that nobody uses is also useless. which means whether fee was 1 zeit or 1 trillion zeit that would have made no difference.

You're a little dim , you claimed a stress test is too much for ZEIT,
but you are afraid to try one. Fact is we do have 20X their ONCHAIN transaction capacity, we can handle 20X BTC onchain volume.
No matter what you think.


FYI2:
No Limits on our Offchain Transaction Capacity,
reason being we will use multiple 3rd partys to do offchain , (No need for deadwit)
currently Cryptopia & NovaExchange you can send ZEIT offchain to another user on their exchanges,
it only comes back onchain when you withdraw from their exchanges.

why would you even need offchain when your chain can handle it Wink
and FYI if we wanted to use third parties we would have used banks not cryptocurrencies.

LOL, that is the Difference ,
ZEIT does not need Offchain transactions for capacity , we have plently of onchain capacity.
However when people use ZEIT for retail purchases (Gas Stations or Grocery Stores or Coffee houses),
they need transfer speeds of ~ 5 seconds which is only possible offchain , thru 3rd party systems such as exchanges or gift cards systems.

Banks with their fractional reserve lies are what is bad,
a payment system based on ZEIT that can not be counterfeit or manipulated like fiat is Good.


 Cool
okiefromokc
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April 18, 2017, 01:01:50 AM
 #22

What happened to the Paypal 150tx/s and/or the VISA 2000tx/s scaling... am not hearing much about those levels in this thread...

Has anyone seen the tweets by Fuserleer, he has shown videos of 220ms confirmations, yes milliseconds, and that test network included UK, Denmark, and USA off the self nodes. This is what is coming down the turnpike in 2017.
achimsmile
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April 18, 2017, 04:37:13 AM
 #23

220ms confirmations, yes milliseconds, and that test network included UK, Denmark, and USA off the self nodes. This is what is coming down the turnpike in 2017.

200ms sounds physically impossible in a public decentralized network for a transaction to propagate through, not even talking about confirmation.

IRL there will be slow laggy nodes, badly connected nodes, nodes behind the great firewall etc.

That being said I wish Dan good luck with this, hope he releases something after all these years. Will definitely check it out then.
achimsmile
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April 18, 2017, 04:40:47 AM
 #24

What happened to the Paypal 150tx/s and/or the VISA 2000tx/s scaling... am not hearing much about those levels in this thread...

We're at 220tps at IOTA, public stresstest using 250 globally distributed nodes (with artificial latency and package drop). Next test to follow soon.
AlexeyB
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December 03, 2017, 01:16:54 PM
 #25

Ripple: https://xrphodor.wordpress.com/2017/10/03/xrp-by-the-numbers/
* Settlement Speed (Full confirmation): 3.54 Seconds
* Scalability: 1,500 TPS On-ledger / 70,000 + TPS Off-ledger
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