TPS Report #5: All Records Shattered

in blockchain •  9 months ago

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




December 2017 is a record-breaking month. Bitcoin even broached 5 tps.

New Records

TransactionsDateRate
STEEM1,127,7852017-12-1913.05 tps
BTS997,9962017-12-0711.55 tps
ETH1,092,2342017-12-1912.64 tps
BTC490,6442017-12-145.68 tps
It should be noted that STEEM and BTS are hardly breaking a sweat at these rates,
while ETH and BTC are at record levels of congestion.



Here's the big-picture view.


Sources:

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Thanks for this info. A while back @stan wrote a very important and prophetic article entitled "When The Levee Breaks" http://steem.link/PvIZ2 There he showed what we are seeing now. Clogged blockchains grinding to a halt unless they are built on Graphene technology.

Question: What non Bitcoin on and off ramps are available that can make use of Steem and BitShares? If useable ones exist it's game over and we win. Big Time.

Yes I love this! I just recently myself started comparing the alt coins I am investing and trading in, against BTC and wow what a lesson! So much info can be gained for looking at the charts this way! If you or anybody else has info, or can point me to some tutorials, for better doing comparison chart reading I would be most grateful! I love and enjoy learning about chart reading very much!

This is completely phenomenal news to see these charts and read about this!

Thank you so very much for sharing these news with us, here on Steemit.com The giants of the Bitshares environment are rising to their deserved value! All for one and one for all!

Namaste :)

That's super awesome!

Steem is very undervalued in my opinion. I think 2018 will be explosive for Steem and the new platforms that will be created based on its blockchain.

3 seconds blocks, instant transactions with no fees, extreme scalability, SMT, an infinity of future applications and utilities...this is one of the best projects out there, no doubts.

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Without a doubt. Market is looking for blockchains that can scale up fast or in Steem's case handle millions of new users.

It is amazing how for steem has come. The amount of users that will pile in for this is going to be crazy!

could anyone explain me what is tps?

Steem will rise up and up in 2018

Criptomoneda firme .
Powerful

This is awesome. Thanks for sharing and explaining it!

Congratulations @roadscape, this post is the sixth most rewarded post (based on pending payouts) in the last 12 hours written by a Superhero or Legend account holder (accounts hold greater than 100 Mega Vests). The total number of posts by Superhero and Legend account holders during this period was 31 and the total pending payments to posts in these categories was $1811.93. To see the full list of highest paid posts across all accounts categories, click here.

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Awesome news, thank you for the update, altcoins are going up like crazy, perfect instead of getting presents this year for me. :) #keepsteemin

Thank you very much for telling us about the price of steam, I will try hard in steemit to be able to finance my college, it would be nice if the price of steem more expensive, hopefully your day is fun @roadscape

@roadscape The feeling of being invested in Steemit is awesome! Next year things will be amazing. Best wishes and Happy Holidays. - @splendorhub

thank you for showing us this information. still having a hard time sinking in.

Thanks roadscape for the upvote!
Love your content!😊 Followed you as well.
Your insights on the growths of various cryptocurrencies plus the charts really are helpful.
Feel free to see my content anytime!
I will post about some business opportunities I think remain here in Japan as well!
Thanks again 😊
-Dylan

Hi @roadscape

I hope that Steemit will continue its rise in the next year. This site realy changed my view on online community involment and activism. I also want to say thanks for upvoting my post and following me. It really means a lot to me, as a new Steemian.

Cheers! :-)

Looking at this information makes me not worry too much about the dip. Market cap spikes/drops have little significance in the long run.

The truth is that I am trying to understand the chart butits still not entering., please shed more light. I am just not happy about the fall. Any body who knows what to do concerning trades should tell me.

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Hello @bhoa, I would advise you to stay calm and plan your next step! As they say: "buy on the dip and sell on the high"

The fall is scary, but cryptos and their technology are here to stay. Research where to diversify and find good projects to get in on early (but not always a good idea to do ICOs, they often fall below ICO price). If you have a project you wanted to get in on, but felt the price was too high, then today could be the opportunity to do so!

Keep Calm and buy the dip

Should i panic with d recent events in f market? The falls r crazy.

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No, stay calm and plan your next step! As they say: "buy on the dip and sell on the high"

This is a massive Xmas sale on cryptos, enjoy the profits :) cryptocurrencies aren't going anywhere.

Great and fantastic post, I'm starting in this great community and start to like more of what they had told me about her regards

Thank you for the upvote and follow @roadscape ! My upvote is currently not worth much, but you have my support too.

Markets bleeding heavily today. I wonder if you're interested to give feedback on my take: that Coinbase pegging BTC/BCH together is what started this whole correction
The real reason Bitcoin's price is falling: Coinbase pegged Bitcoin's price to Bitcoin Cash !!

Hope you're benefitting well from this Xmas crypto sale!
Keep in touch

:) excelent

Bitcoin Cash has now been added to Coinbase. There has already been a surge in value with Bitcoin Cash BCH as the market responds to the big news. Standby for liquidity on GDAX.

How many more years do you think the Steem blockchain will last?
It already demands expensive computers, above retail level to sustain, and its demands accelerate faster than technology.
Could it get to 1/1000th of facebook's current size with today's technology?

Steem is doing good. Merry Christmas

Thanks for this info. I was looking for it

Hello, ​@roadscape I was hoping to ask if you are interested in leasing out some of your Steempower.

Please reply if you are interested we could have a chat later.

The steam is the best!

Happy new year 2018 🎈🎈🎊

steem is going to bang this year 2018

Dear @roadscape ,
I voted for you as a witness, I have an important question:
for to exchange Steem into another crypto currency we all need an account at a crypto currency exchange. There are 2: Bittrex and Poloniex
Bittrex stopped open new accounts since 15th december, when they start again? Nobody knows.
At Poloniex I tried to sign up a new account yesterday, until today I got no confirmation mail to start the opening procedure!
So what to do?
How can new users exchange their steem? That's the big question and I don't understand why Steemit and the big "whales" not offer any support for that problem, they all have their accounts already.... That makes we wonder, really, because that's the main reason why people join Steemit, to earn a little money, but if there is no possibility for exchange steem, all is useless.
Have you any idea?

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blocktrades -> shapeshift

nice :)and i've vote you on witness voting @roadscape
hey don't forget mind too ok, upvote it
https://steemit.com/life/@thomasjug/the-mistery-of-diabetes-it-s-true

Let's forget who is faster than who. We have a bigger problem to fix: we want blockchain with millions of transactions per seconds. That should be the goal not the usual I can do 4x bitcoin speed etc.

Hi, I'm following you, and I gave you my vote for a witness. I hope to have your vote in my publications

@roadscape Thank you for the graph. Best wishes

Waiting for the next great posts from you @roadscape and wish you a wonderful day.

Though I'm admittedly waaay out of my depth still in terms of understanding both blockchain and crypto, being an incredibly visual person, these charts help clarify things. Thank you.

As I cut my Steemit teeth, I'm learning all I can about not just crypto, but how and why the value of currencies fluctuate so dramatically. I was reading yesterday about the Elliot Wave Theory and how it's used to analyze market cycles and forecast trends by identifying investor psychology, among other things. I'm fascinated by the idea that market prices / investor behaviors unfold in specific, predictable patterns. I suppose it's a foolish daydream to imagine being able to study and make sense of them, yet I found myself imagining just that. Who knows? My attention to detail is painfully acute – perhaps I'd actually be good at it.

While I predominantly feel that I stumbled upon Steemit about a year too late, I also hope that I'll be able to look back a year from now and give thanks for having found it so early.

side note – @roadscape, this raindrop is for you – a visual 'tip' in gratitude for your recent upvotes.
I may be just a tiny droplet and you a glorious whale, but at least we're part of the same ocean.
THANK YOU
for noticing – your support is humbly welcomed and deeply appreciated.

raindrop-stripe-1.jpg

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Happy to hear, and welcome! Love your work. Also I wouldn't say it's too late.. we're still on the ground floor.

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That's good to hear! I'm learning/absorbing all I can. While I certainly understand more than I did a few weeks ago, I'll admit that it's been quite overwhelming – an endlessly unfurling pattern of fractal rabbit-holes that I'm pretty sure never ends! Thankfully, I'm not easily deterred, so I'll just continue creating great content while diving ever deeper into the intricacies of all this. Thank you, btw, for steemd – I refer to it often. It's helping me develop at least a peripheral understanding of how it all works.

This is my new account, by the way – the typo in my username was driving me nuts, sooo...I created this one. Same me, same work, no more typo!

I coulda swore I had you followed, but I didn't. That's fixed now! Absent mindedness is a disease haha.

Definitely someone I want reward, thanks for all ya do!

Thanks for giving such great information brother :)

just voted for your witness.. should I get any return gift?

I am still amazed that BTC went up so fast, I expected a rise but nothing like this so quick.

Hello, @roadscape. I don’t like to advertise, but I’ve just shared an idea about a New Steemit Useful Website Proposal – User Interaction Tracker and I thought that you might be interested in its realization since you’ve created steemd. Cheers! : )

Hello @roadscape, I hope you will make us happy with your new post soon, your posts really help people who are not experts at cryptocurrency.)

Great post,i liked your posts very much ,I request to you kindly when you are free then visit my blog,

Is there new posts coming from you friend???