100m TPS is it possible? | Bitcointalksearch.org

cryptocrusher

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Quote from: DeltaX on October 09, 2018, 09:47:20 AM

Quote from: Ohmykha on October 09, 2018, 02:02:04 AM

Recently I saw a post on twitter abount an ongoing Ico. It said that the transaction capability per second is 100 million times. Is this possible? As for now what is the highest transaction rate per second? And what coin/token it is?

It will be useless, imagine if that was a possible thing and if you have no demand and then what will you do? your platform becomes the next crap platform. The important thing is how useful your product to the community and it's not about to create such a platform with high scalability. We have DAG system with instant transction and zero fees.

It wouldn't be pointless, if it reaches that level of transactions there would be many real world applications that would look to utilize it. Think about mastercard and visa that only reach around 40k tps, if 100m happened it would make payments so much more efficient that there would have to be a transition away from the currently outdated and expensive option.

Llaux

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Quote from: Ohmykha on October 09, 2018, 02:02:04 AM

Recently I saw a post on twitter abount an ongoing Ico. It said that the transaction capability per second is 100 million times. Is this possible? As for now what is the highest transaction rate per second? And what coin/token it is?

I don't think that number is reachable right now but also to see chains make that claim to hype people is funny. We need real-world applications more than higher tps.

jacafbiz

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I have seen so many projects making claim to this high transaction speed, I think what we are seen is that there is huge gap in difference between theoretical claim and practical claims. There are so many solutions to Ethereum solutions but none has really come out to be huge success. In future we are likely to see this in practice

Vit83

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I think this is possible, and now there is no need in such speed. Most blockchain don't have users to use such speed. Waiting ETH updates that will raise its speed and will kill most of the high speed blockchain ICOs)

NeuroticFish

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Quote from: tokeweed on October 10, 2018, 08:50:39 AM

I'm pretty sure BTC is only 7 tps... And wtf, Bitshares can do more than Visa? Lolololol.

Ooops, I've just seen the numbers and came with them, didn't think much; you're right about BTC Cheesy

And probably about Bitshares too Wink

Mavzi

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No its not true. As i know highest TPS for today are 1 millon. Sparkster said that thay did it in test net...we will see...

mcnocon2

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Everything is possible now given that the competition on innovation is getting tight. But there are ongoing ICOs claiming that they can do impossible things like that to gather investors for there ICO. You can believe this type of project if there are test net ongoing on there platform. You can try if the 100m TPS is true. But if there are no test net, its better to wait for them to show there test net to prove their project.

tokeweed

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You know it's a scam when the devs claim something over the top. And in crypto, if it's too good to be true then it mostly is. Cheesy

Quote from: NeuroticFish on October 10, 2018, 08:19:45 AM

Quote from: Ohmykha on October 09, 2018, 02:02:04 AM

Recently I saw a post on twitter abount an ongoing Ico. It said that the transaction capability per second is 100 million times. Is this possible? As for now what is the highest transaction rate per second? And what coin/token it is?

With powerful enough server and a coin that is not decentralized, why not?
If they claim, instead, they are also decentralized, I tend to not believe them...

About the "what coin" question, I've found a table in this article, I am also posting the table. It's a start...

I'm pretty sure BTC is only 7 tps... And wtf, Bitshares can do more than Visa? Lolololol.

XIE-XIE

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Quote from: Ohmykha on October 09, 2018, 02:02:04 AM

Recently I saw a post on twitter abount an ongoing Ico. It said that the transaction capability per second is 100 million times. Is this possible? As for now what is the highest transaction rate per second? And what coin/token it is?

Have you ever heard of Travelflexcoin? TRF is a very fast DAG coin, with current transaction speeds of around 4,000 TPS. Of course, this speed will only continue to be faster, with estimates that in December, TRF will reach up to 10,000 polling stations, making us one of the fastest coins available.

NeuroticFish

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Quote from: Ohmykha on October 09, 2018, 02:02:04 AM

Recently I saw a post on twitter abount an ongoing Ico. It said that the transaction capability per second is 100 million times. Is this possible? As for now what is the highest transaction rate per second? And what coin/token it is?

With powerful enough server and a coin that is not decentralized, why not?
If they claim, instead, they are also decentralized, I tend to not believe them...

About the "what coin" question, I've found a table in this article, I am also posting the table. It's a start...

Rose119

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Quote from: Vieni on October 09, 2018, 02:21:28 PM

really? 100m transaction per second? oh come on. that is impossible. but as one has answered maybe in the future, so be it. who knows.

Everything is possible, the development are slowly improving maybe in the future that the transaction capability per second is 100 million will be happen.

Ohmykha

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Quote from: DeltaX on October 09, 2018, 09:47:20 AM

Quote from: Ohmykha on October 09, 2018, 02:02:04 AM

Recently I saw a post on twitter abount an ongoing Ico. It said that the transaction capability per second is 100 million times. Is this possible? As for now what is the highest transaction rate per second? And what coin/token it is?

It will be useless, imagine if that was a possible thing and if you have no demand and then what will you do? your platform becomes the next crap platform. The important thing is how useful your product to the community and it's not about to create such a platform with high scalability. We have DAG system with instant transction and zero fees.

Yes. You are right. Community is also important in having this kind of platform. And its usabilty. Thanks for the enlightenment.

ATSgrowth

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Quote from: Ohmykha on October 09, 2018, 02:02:04 AM

Recently I saw a post on twitter abount an ongoing Ico. It said that the transaction capability per second is 100 million times. Is this possible? As for now what is the highest transaction rate per second? And what coin/token it is?

Who knows.
Why Ethereum didnt develop something which will cause the scalabillity? Maybe because it is not as easy as you think and also I think that it is very dangerous to have such TPS (hackers).

Oilacris

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Quote from: Ohmykha on October 09, 2018, 02:02:04 AM

Recently I saw a post on twitter abount an ongoing Ico. It said that the transaction capability per second is 100 million times. Is this possible? As for now what is the highest transaction rate per second? And what coin/token it is?

Wont elaborate because most projects do have nearly gaps when it comes to have TPS but same as said above no matter how fast a certain project do claim when it comes to transactions processes if it wont really gain
any support then expect this would still end up on failing unless if theres a consideration of the community then its plausible.

Vieni

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really? 100m transaction per second? oh come on. that is impossible. but as one has answered maybe in the future, so be it. who knows.

DeltaX

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Quote from: Ohmykha on October 09, 2018, 02:02:04 AM

Recently I saw a post on twitter abount an ongoing Ico. It said that the transaction capability per second is 100 million times. Is this possible? As for now what is the highest transaction rate per second? And what coin/token it is?

It will be useless, imagine if that was a possible thing and if you have no demand and then what will you do? your platform becomes the next crap platform. The important thing is how useful your product to the community and it's not about to create such a platform with high scalability. We have DAG system with instant transction and zero fees.

cryptocrusher

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Quote from: Ohmykha on October 09, 2018, 02:02:04 AM

Recently I saw a post on twitter abount an ongoing Ico. It said that the transaction capability per second is 100 million times. Is this possible? As for now what is the highest transaction rate per second? And what coin/token it is?

Right now it's not possible, or it's not been done, in the future almost anything is possible. As of yet the closest is only in the thousands, there are multiple who are in beta or alpha stage who claim to reach higher values but until their mainnets are released and multiple can use it then I won't trust it. XRP actually has the highest TPS I believe but their system is weird and not truly decentralized.

Ohmykha

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Recently I saw a post on twitter abount an ongoing Ico. It said that the transaction capability per second is 100 million times. Is this possible? As for now what is the highest transaction rate per second? And what coin/token it is?

Topic: 100m TPS is it possible? (Read 216 times)