How powerful current blockchains really are in terms of processing transactions

Every blockchain solution is limited to handle certain workload. Blockchain workload are acually user transactions that needs to be distributed, processed, validated and stored. I've put together brief overview showing how powerful various blockchains really are in 2017 as not everyone is familiar with that. Well, if you are waiting several hours to have your Bitcoin transaction confirmed, you are having the idea when this matters. There are some number, but have in mind that numbers are not final, but all teams are working hard to improve performance.

Numbers were gathered from various sources, forums and websites of particular crypto currencies. If you have more accurate data, please share. However it's quite obvious for some blockchains, improvements should be done to provide expected performance. What performance is actually enough? Let's take a look at current situation on Bitcoin Network.

Right now Bitcoin network has about 60,000 unconfirmed transactions. Based on Bitcoin Network performance, it will take about 5 hours until all these transaction will be confirmed. In Steem network all these transaction would be theoretically confirmed within one block within less than one minute which is pretty good and it's comparable with centralized NASDAQ stock exchange. From performance point of view the best performing blockchains right now are XEM, Ripple, Bitshares and of course STEEM, Ethereum, Bitcoin and its clones are on the other side of the spectrum.

Resources: Current bitcoin data taken from blockchain.info