Last month, Safe Cash Payment Technologies, Inc. announced that its blockchain can handle up to 25,000 transactions per second, or 3,000 times the number of transactions that bitcoin’s blockchain can handle. In other words, this payments technology company now has the world’s fastest blockchain.
I had the pleasure to speak with Chris Kitze, founder and CEO of Safe Cash about their accomplishment. In the audio recording below, you can hear our discussion about Safe Cash’s transaction time and its mission to give people across the globe access to free and quick money transfer services.
Below you can read the full transcription of our conversation.
Carlo: I wanted to know if you could go into more detail about the transactions per second I mean 25,000 per second that’s pretty incredible.
Safe Cash announces blockchain can handle 25,000 transactions per second
Safe Cash founder & CEO Chris Kitze
Chris: We think that’s just a starting point. That benchmark test was run on a single i7 processor… 16 gigs of RAM, and it probably had a 1 terabyte SSD or to 40 gigabyte SSD. It costs about $900 and it’s about 25000 transactions per second and that’s only on one thread. Now if you remember there are 4 cores and 8 threads in an i7 processor.
https://coinreport.net/conversation-chris-kitze-ceo-safe-cash/
Topic: [2016-03-21]A conversation with Chris Kitze, CEO of Safe Cash (Read 261 times)
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