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.
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.
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.
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
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.