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Author Topic: [2018-07-19] EOS is about to break the level of 3,000 transactions per second  (Read 60 times)
Dany44
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July 19, 2018, 12:58:30 PM
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EOS Achieves 2822 Transactions Per Sec (TPS), Surpassing BTC, ETH, XRP

Just recently the EOS Blockchain has broken a record of 2,000 TPS, reaching over 2,800 and now it is about to achieve a new all-time high. 3,000 operations per second level is about to be taken soon, some believe.

If we compare the current scalability of EOS with the speed of BTC and ETH, then these two currencies are way behind. BTC is capable of just seven transactions per second and ETH– 15. XRP can do way more, 1,500 TPS, but it still cannot compare with EOS and its 2,822 TPS.

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July 19, 2018, 02:09:58 PM
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This is a shit article.

EOS speeds are realized under perfect conditions, which as we know, don't exist in the real world. Also, it is a lab setup that won't be replicated if anyone actually bothers to use it. (So far, they aren't.)

Vitalik has called bullshit on EOS and their testing before -- https://cryptovest.com/news/vitalik-buterin-network-speed-under-test-conditions-is-misleading/ (December 2017)

EOS uses Delegated Proof-of-(mis)Stake, which has fundamental flaws -- https://medium.com/@hugonguyen/proof-of-stake-the-wrong-engineering-mindset-15e641ab65a2

Not to mention their scaling assumptions are quite frankly - shit - https://hackernoon.com/the-ethereum-blockchain-size-has-exceeded-1tb-and-yes-its-an-issue-2b650b5f4f62

Its easy for a coin to make grandiose claims, its another to weather the storm of actual usage and attempted hacks.

Don't say I didn't warn you...

fortitudinem multis - catenum regit omnia
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