Can Ethereum support large-scale decentralization applications?

ismelda_ita

full member

Activity: 369

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Quote from: SabrinaBianka on June 04, 2018, 11:13:35 PM

Quote from: ismelda_ita on June 04, 2018, 12:27:58 PM

Currently, Bitcoin can process around three transactions every second. Processing four transactions per second will require full capacity. Ethereum is able to handle five and six means working at peak capacity. However, services like Uber do about 12 transactions per second, and Visa records thousands of transactions per second while PayPal records hundreds of transactions per second.

Will Ethereum be able to process 1 million transactions every second? Huh

That was a good one when its happen, People holder also increased. They still hold eth because of the very fast transaction. That kind of transaction are needed for this cryptocurrency world, Many crypto problems now is transactions, Once they update that ethereum system and increased the capacity of transaction is was very reliable for us.

Yes, you're right. and the popularity of ethereum will certainly increase if it happens. and even then, the market demand on ethereum will also increase

SabrinaBianka

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Activity: 633

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Quote from: ismelda_ita on June 04, 2018, 12:27:58 PM

Currently, Bitcoin can process around three transactions every second. Processing four transactions per second will require full capacity. Ethereum is able to handle five and six means working at peak capacity. However, services like Uber do about 12 transactions per second, and Visa records thousands of transactions per second while PayPal records hundreds of transactions per second.

Will Ethereum be able to process 1 million transactions every second? Huh

That was a good one when its happen, People holder also increased. They still hold eth because of the very fast transaction. That kind of transaction are needed for this cryptocurrency world, Many crypto problems now is transactions, Once they update that ethereum system and increased the capacity of transaction is was very reliable for us.

zeingrind777

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Quote from: Nicolaus Copernicus on June 04, 2018, 01:11:04 PM

Read the news in CCN:
https://www.ccn.com/vitalik-buterin-ethereum-will-eventually-achieve-1-million-transactions-per-second/

The creator of Ethereum vitalik buterin has explained that the Ethereum network will eventually be able to process 1 million transactions per second with the help of second layer solutions. Potentially it will be able to process more than 100 million transactions per second.

yes, with a combination of layer one and layer two of the scale solution will increase the Ethereum capacity by 10,000x

Nicolaus Copernicus

newbie

Activity: 140

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Read the news in CCN:
https://www.ccn.com/vitalik-buterin-ethereum-will-eventually-achieve-1-million-transactions-per-second/

The creator of Ethereum vitalik buterin has explained that the Ethereum network will eventually be able to process 1 million transactions per second with the help of second layer solutions. Potentially it will be able to process more than 100 million transactions per second.

ismelda_ita

full member

Activity: 369

Merit: 106

Currently, Bitcoin can process around three transactions every second. Processing four transactions per second will require full capacity. Ethereum is able to handle five and six means working at peak capacity. However, services like Uber do about 12 transactions per second, and Visa records thousands of transactions per second while PayPal records hundreds of transactions per second.

Will Ethereum be able to process 1 million transactions every second? Huh

Topic: Can Ethereum support large-scale decentralization applications? (Read 113 times)