why does ark not reach the same tx/s as other Dpos projects like eos, bitshares and steem?
shoudn't we reduce our block time and time to finality in order to become usefull for application builders?
shoudn't we reduce our block time and time to finality in order to become usefull for application builders?
Because others lie and hype so they could pump. I'm sure FX Thoorens could just say Ark can do 10k TPS and still no one would have any clue, just like other scam liars. Anything with Ark is possible just like Bitcoin but the storage would balloon up too much and too fast. The more TPS the faster bigger storage, those scammers just put out TPS out of their ass. You know, those scammers claim it that way but their whole blockchain don't even have 10k transactions per day. They just claim it so they could hype. Think about it, what is the point of claiming they have 100k or 100million TPS per second but their blockchain for the entire day don't even have 10k transactions? It don't make sense but seem everyone buy into this TPS hype scam. Eth claimed something like this then they choke like a chicken. Don't forget the bottleneck of the node who forging the block.
It's not possible to have 10k, 100k or 1m tx/s with decentralized because the chance a person node/computer who forging the block can't handle it, it's possible with a centralized blockchain with one or two supercomputers to handle this. All and all you can't have cake and eat it.
Example Ark could lower block time from 8 seconds with 2Ark to 4 seconds with 1Ark, then 150/tps now become 300/tps. Low to 1second then 1200/tps etc.. but the trade off with storage is not worth it in my view and their is no point to it when most scam blockchains have less than 10k transactions day.
I've done Ark.v2 TPS calculation, 150 transactions per block = 1,620,000 daily transactions, which is plenty. Currently Bitcoin have about 200k and Ether about 700k daily transactions. Eth all time high about 1,200,000 transactions daily and it choke the fukk out of it. If Ark lower it block time from 8seconds to 1second as I mentioned above it can do 12,960,000 transactions daily.
TPS = pure hype scam
Great explanation, why do you even need 10 000 transactions per second when no one is going to use it, this is just pure hype and marketing. It's not possible to have high tx/s unless you have a centralized coin
Or unless the data you transfer as very simple. Like X amount of coins were transfered from wallet Y to wallet Z.
But ARK is a complicated ecosystem that (from what I understand) can contain a lot of different informations about smart contracts, swaps, info on bridged blockchains and I dunno what else. That probably makes every transactions bigger in size than for example XRP which is probably the fastest coin at the moment. (And before you tell me XRP is centrilized, do your research please!)
