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RE: Mass adoptation or Mass mania? My journey from $2 ETH to $600.
They try to implement new ways to scale up ETH, I recall something like "sharding". We will see if they can achieve it. Don't forget that in crypto, a 2017.9.18. article date is like years in other fields. :)
By the way, Ripple posted a comparison between the big currencies:
It looks old. Anyway. STEEM is 3 seconds, no fees and 100.000TPS. There is no comparison.
It's 11/28/2017. Do they have proof or official announcement about the 100k TPS? Because that's really impressive but I can't find it anywhere. Given that it is indeed true and there is proof, it could be a good thing to promote.
http://blocktivity.info/
Thanks!
The last 24h's activity is 872,291 transactions and the CUI is 0.30%. So that roughly means Steem could handle x333 of this daily transactions right? Let's say 300000000 in a day. 300000000/24/60/60 is ~3500 tps on average for 24 hours to reach 100% CUI. But of course it could surely handle higher loads as it's in the white paper(they say 1k-10k or more) but at the moment I can't see the proof of 100k. Am I missing something?
If Ripple promotes themselves with 1500 tps that could be scaled up to the 50k Visa level, then why wouldn't the people behind STEEM promote this everywhere?