A blockchain has nothing to do with the scalability issue. The problem is mainly with the mining protocol and the block size (plz correct me if I am wrong).
For Bitcoin, SegWit, by increasing the block size, solved partially the problem.
Also, there is the lightning network which is a second layer protocol with faster transactions and lower fees.
There are other proposed solutions but they have to reach a consensus first.
Topic: which type of blockchain you think will solve scalability, - page 3. (Read 548 times)
bitcoin hold several around 7 transaction per second
the ethereum blockchain currently supports roughly 15 transactions per second
nano is better but
compare to
the 45,000 processed by Visa.\/
the ethereum blockchain currently supports roughly 15 transactions per second
nano is better but
compare to
the 45,000 processed by Visa.\/
If you just care about transactions per second, you shouldn't use nano, but Visa. Faster more reliable and stable, tested, etc
If you care about decentralization, really being the owner of your funds, and giving back financial power to individuals, bitcoin no doubt.
Scalability is just a problem to be solved if people are using the network. People are not using nano or bch
So, one of the things is the number of transactions per second that their blockchain/network can process, the so-called TPS. Very proudly they mention that they can process more transactions than crypto X and Y and the biggest confectioners talk about more transactions than Paypal or Visa can handle.
this kind of talk filter out a lot of people, yet its so basic and so fucking important, while most of the people even dont know that for now the TPS is huge problem in block chain.
this kind of talk filter out a lot of people, yet its so basic and so fucking important, while most of the people even dont know that for now the TPS is huge problem in block chain.
bitcoin hold several around 7 transaction per second
the ethereum blockchain currently supports roughly 15 transactions per second
nano is better but
compare to
the 45,000 processed by Visa.\/
the ethereum blockchain currently supports roughly 15 transactions per second
nano is better but
compare to
the 45,000 processed by Visa.\/
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