Try to see a new coin called Travelflex. Travelflex is a new cryptocurrency that aims to solve other coin scalability problems such as Bitcoin encountered today. By using a complete new DAG algorithm, Travelflex is not just a simple clone or token. This coin declares itself to exceed the transverting speed of VISA.
Thank you for feedback.
If you can, please provide link to Travelflex coin.
Anyway I am not so sure about any of DAG coins.
I would like to see more details about the Komodo test.
First, what is the difference between "payments" and "transactions"? I see "only" 900-1000 "Transactions" per second on the graphs, but up to 100K "payments" (with an average of 45K). I googled a bit and found this:
On Komodo, we can include multiple payments on a single transaction, so thus we can also say we made over 800k payments per second.
Source:
https://forum.komodoplatform.com/t/komodo-scaling-presentation/110This would indicate that "payments" are UTXOs, is this correct, so these are big transactions with 40-50 UTXOs each? Or is this a kind of bundling technology where payments can made asynchronously (i.e. not at the same time) and then afterwards bundled?
But again, it seems like it's a short time "propagation test", like most of the tests with high TPS numbers. I don't think that these transactions were confirmed instantly. If this was the case, 40K TPS would mean a data volume of 5,9 Gigabytes each 10 minutes (to compare it to a Bitcoin block) to be validated an stored, assuming a transaction size of 220 bytes.
Thank you for feedback.
I would sure like to see more tests with Komodo
KMD Team will start next week with the 1 Million TPS Test - The Results etc will be public - as soon i have the info , i will post it here
Thank you.
I will update information when you post it.
Try to see a new coin called Travelflex. Travelflex is a new cryptocurrency that aims to solve other coin scalability problems such as Bitcoin encountered today. By using a complete new DAG algorithm, Travelflex is not just a simple clone or token. This coin declares itself to exceed the transverting speed of VISA.
Thank you for feedback.
If you can, please provide link to Travelflex coin.
Anyway I am not so sure about any of DAG coins.
I would like to see more details about the Komodo test.
First, what is the difference between "payments" and "transactions"? I see "only" 900-1000 "Transactions" per second on the graphs, but up to 100K "payments" (with an average of 45K). I googled a bit and found this:
On Komodo, we can include multiple payments on a single transaction, so thus we can also say we made over 800k payments per second.
Source:
https://forum.komodoplatform.com/t/komodo-scaling-presentation/110This would indicate that "payments" are UTXOs, is this correct, so these are big transactions with 40-50 UTXOs each? Or is this a kind of bundling technology where payments can made asynchronously (i.e. not at the same time) and then afterwards bundled?
But again, it seems like it's a short time "propagation test", like most of the tests with high TPS numbers. I don't think that these transactions were confirmed instantly. If this was the case, 40K TPS would mean a data volume of 5,9 Gigabytes each 10 minutes (to compare it to a Bitcoin block) to be validated an stored, assuming a transaction size of 220 bytes.
Thank you for feedback.
I would sure like to see more tests with Komodo
KMD Team will start next week with the 1 Million TPS Test - The Results etc will be public - as soon i have the info , i will post it here
Thank you.
Try to see a new coin called Travelflex. Travelflex is a new cryptocurrency that aims to solve other coin scalability problems such as Bitcoin encountered today. By using a complete new DAG algorithm, Travelflex is not just a simple clone or token. This coin declares itself to exceed the transverting speed of VISA.
Thank you for feedback.
If you can, please provide link to Travelflex coin.
Anyway I am not so sure about any of DAG coins.
If you are interested you can browse the web, Travelflex recently moved to DAG network and I have just tried and it is very amazing how I try to transfer 10 coin to my wallet in just 1 second.
I have checked Travelfex
https://travelflex.org/faq.phpand I personally don't like several things:
- they use founders reward model based on Zcash,
- It is ICO project
