TPS Report #2: The Flippening

in blockchain •  5 months ago

Comparing the tx throughput of STEEM, BTS, ETH, and BTC blockchains.




Here we see BTC and ETH fighting it out while STEEM goes parabolic. Note: BTS has many more operations per tx — we'll check in on that next time (the peak daily op count is ~600k).




Here's the big-picture view.


Sources:

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EOS is what going to take the World by Storm

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only if they think it ain't a scam

Haha, some real, actual TPS reports that are useful ;)

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"Did ya get the memo Peter?"

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"I'll make sure you get another copy of that memo..."

Thanks for the excellent stats @roadscape! Expecting a market correct to correlate transaction activity to price in 3... 2... 1...

If steemit added more features to it's site and had an easier to understand steem/steem dollars/steem power system, it would definitely go parabolic. Steemit needs to hire a bunch of full time employees to beef up it's site and make it like a hybrid of wordpress and facebook. I think it's still in the early adopter phase AND a true community is built, it will be something huge someday.

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I agree, and if you look under the name next to their logo, you will see BETA

Note: BTS has many more operations per tx — we'll check in on that next time (the peak daily op count is ~600k).

So this explains why it is so divergent from the cryptofresh chart.

I wrote a post about beating the BitShares record but it seems to be wrong in one way or another.

https://steemit.com/steem/@demotruk/steem-beats-blockchain-world-record-646-711-transactions-in-one-day

It's the right of the century right here. The ultimate fight, winner takes all slugfest. The prize is the the spot of being the top crypto: the king of all digital currencies.

With both camps betting it all on their upcoming forks.(btc's segwit2x and eth's pos) Things would get bloodier.

The real question is:

Not a tech guy, but I just watched a few videos that partially explained what is going on under the hood of the Steem blockchain. Quite amazing and robust. The underlying technology is orders of magnitude greater than FacePlant and I certainly am looking forward to the future. It seems for once that I'm not a lagging indicator of technology adoption.

Ofcourse .... That is likely to happen.... No one wants to pay huge fee for delayed transactions. Everyone wants to transact instantly with minimum possible fee... And Steemit beats them all there.

Wow, an awesome thing to see. Steemit is really taking off like a rocket ship!

Thanks for sharing @roadscape.

I don't fully understand the tech side, and probably never will but I do understand market cycles... Steem has a bright future!

I recently shared a post focusing on the future direction of the asset, others may find this beneficial: https://steemit.com/cryptocurrency/@lewisglasgow/why-steem-power-is-appealing-to-investors

If steem continues at this pace we could possibly see the price hit a minimum $5 bucks by summers end. I believe Ethereum will increase by this weekend in transaction since the price drop as well.

thank you for sharing

ethereum adun!

Wooow naiec

Upvoted and followed, good comparison chart. I have been trading for 2-3 months and doing well. Hope to see Steem break $3.50 in the next few months.

If you like art/photography check out my page: https://steemit.com/@nspart

Nice post ! I voted your recent posts and I'm following you friend. Thanks

Let's all cross fingers and hope that steem will go to 4 or 5 dollars on Christmas Eve

Amazing to see how many transactions are happening with Steem.
I hope this continues

The difference is much. what will really happen in next month. share your trick

STEEM IS OUR EVERYTING HERE!!! ))) ART+STEEM = very right choice! Happy I'm back now)))...

Thanks for sharing this! Followed!

Thanks for sharing. Steem gonna eat

Here's my post and chart of ETH market cap possibly surpassing the BTC cap this summer:

https://steemit.com/dominance/@underground/hey-steemians-btc-dominance-is-about-to-end-eth-will-rule

LOVE to see STEEM rise like a Rocket! :D

Yes, speed and the ability Graphene amazing.
Thanks for the metric, clearly!

I see Steemit more of a Medium than Facebook, thoughts?

Hi @roadscape, I was wondering if you could give me some crypto advice. I'm making some steem dollars with my art here. All I've done is turn that into Bitcoin. I was thinking to hold that Bitcoin. Do you recommend buying some alts or investing?

Now these are some nice charts. Thanks for the info! Upvoted & Followed!

Everyone underestimating litecoin

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High volume alt, hasn't been rising as fast as a lot of the other alts. It is under valued in the current ecosystem

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This report focuses just on on tps, an indicator of a platform's growth and ability to scale.

I see Litecoin has had a recent run-up in txs per day but it's still only 0.3 tps.

That's why I will always invest in SteemPower. =)

Congratulations @roadscape
You took 47 place in my Top 100 of posts

Thank you very much. great Post. You really think EOS is the game changer for the next years?

wow, just saw this now..steem is doing great hiyaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaa , thanks for sharing and lets stay in touch

Thia will be remembered as The Great Crypto Civil War :p

I invite Hon. @roadscape to visit my poor blog and upvotes if you like some photo, give me some comment to improve my blog, thank you for your support

I am excited to see if this will happen! It is going to be an interesting summer clear through August 1 and segwit.

any new thoughts on steem now that the price came down?

Thanks you very mch for the excellent stats
@roadscape! Expecting a market correct to correlate transaction activity to price

This is great stuff my friend!

to @roadscape:

hi,

I don't know how to contact you . I know you are in top 26 in steem organization. Now I know you are one of the developer of steem.

However I found , you have repeatedly downvoted me and un voted. The reason for that was totally unknown to me. Please explain , so that I will be educated.

roadscape un-vote @mohammedfelahi/re-gavvet-were-the-seven-days-of-c… 23 hours ago 80712eff
Roadscape roadscape un-vote @mohammedfelahi/re-gavvet-the-african-leapfrog-201… 23 hours ago5af6a2df Roadscape roadscape un-vote @mohammedfelahi/re-gavvet-africa-s-forgotten-cold-… 23 hours ago7494422d Roadscape roadscape downvote @mohammedfelahi/re-gavvet-africa-s-forgotten-cold-… (-31%) 23 hours ago
b4fb23bd
Roadscape roadscape downvote @mohammedfelahi/re-gavvet-the-african-leapfrog-201… (-31%) 23 hours ago
9ef84f78
Roadscape roadscape downvote @mohammedfelahi/re-gavvet-were-the-seven-days-of-c… (-31%) 23 hours ago07ae93ef
Roadscape roadscape downvote @mohammedfelahi/re-chitty-what-will-happen-to-bitc… (-31%)

Only thing in my understanding is I gave a generic comment to all these article and that is "FINE". Nothing bed or seriously gross word.

My reputation now from 41 to 2 and Reputation -329,675,896,451

Great post , Upvoted & Followed

You should post more often!

I liked your post !!! There is something to think about!

Look at my blog please! I hope you will enjoy!

nice
vote me back and resteem me please

@roadscape I miss your posts :)

nice post
thanks For Sharing
Resteem & Upvote me please
Thank you very much

nice post
thanks For Sharing
Resteem & Upvote me please
Thank you very much

What do you make of this new uptic ?

good luck

Helloooooooo my friend
excellent
i voted

Waiting for a analisys from you!

@roadscape FYI: My article proposing a fix for the SP Delegation Loophole. Hope it helps. Followed. Voted! https://steemit.com/steemit/@cyberspace/proposed-steemit-fix-for-steem-power-delegation-self-voting-loophole

thank you for sharing

@fahrullah

Thanks for the information @roadscape
very help me
follow me @hattaarshavin

I can't wait to learn more! Been reading a lot since I started here on Steemit. I must admit, it's really overwhelming. I have to spend 2-3 hours a day learning about other metals. Thanks for the upvotes. Are you a bot?

Great article and blog post!

Looking at your posts, this all appears rather mysterious to me...

But I didn't want to just move on without expressing my heart felt gratitude for your attention to my work and your generous token of appreciation for my post "Open up!"

Wishing you a bright, beautiful future :-)

nice info @roadscape...I am a new steemians player "greeting steemians"

Analysis is very good, I really want to be like you someday
folowed you @roadscape

Hi @roadscape, just to let you know, I followed you and voted you as my witness. I am quite new here and I would also appreciate if you could comment on what you think of my last post :)

Hi @roadscape! You have just received a 0.1 SBD tip from @bilbotbaggins!

@tipU - send tips by writing tip! in the comment and get share in service profit :)
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Just imagine SteemPower costs 4000$. Sounds funny:)
But I realy love this project and I hope some day it will be true.

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@roadscape..upvoted and follow your post..im your no.1 follower..

i invite you on my 300 follower journey on steemit.com
come join me..and support my party of thanks..
your lovely comment and vote is very appreciated @roadscape.

https://steemit.com/steemit/@mrblu/poem-to-my-followers-and-steemit-special-thanks-for-being-here-with-me-following-my-post-steem-poem