blockchain TX thruput

in #platform3 years ago (edited)

doge 0.7 tps
BTC 4.6 tps (max. 7tps)
ETH 15 tps
dash 56 tps
bsv 60 tps
waves 100 tps
bch 115 tps
paypal 199 tps
waves
XRP 1500 tps
trx
neo 5000 tps
visa 24k tps
FASTBFT 100k tps
Futurepia 300k tps

=========================
waves
https://decrypt.co/resources/what-is-the-waves-protocol-exchange-how-to-buy-waves
High-throughput - The recently launched Waves-NG mainnet is capable of handling around 100 transactions per second (tps), compared to a max of 7 tps for Bitcoin.
Low transaction fees - These can be as low as 0.001 WAVES for regular transactions or 0.005 WAVES for transactions that invoke a script.

bsv
https://blockchair.com/bitcoin-sv/charts/transactions-per-second

doge
https://blockchair.com/dogecoin/charts/transactions-per-second

BCH
https://blockchair.com/bitcoin-cash/charts/transactions-per-second
Calculations
To calculate the transactions per second we need the following information:

Block Time: 10 Minutes = 600 seconds
Block Size: 32 MB = 33554432 Bytes

33554432 Bytes / 600 s = 55924.05 Bytes/s

Using this calculation we now know that the Bitcoin Cash Network (on average) can process 55924.05 Bytes worth of transactions per second.

How many transactions are this?
Now that we know the amount of data that could be added to a block per second, we just need the average transaction size to be able to convert this into transactions per second.

We calculated the average transaction size by analyzing 100 BCH blocks and divided their block size by the number of transactions, which gave me the average transaction size.

Average BCH transaction size: 481.62 Bytes

Note: While a simple “standard” transaction is only 226 Bytes, there are also bigger transactions being sent, which take up way more space. These big transactions, which increase the average transaction size, usually originate from exchanges or wallet services such as Coinbase.

Conclusion
We divide the amount of data that can be processed per second by the average transaction size, which gives us the transactions per second.

55924.05 Bytes/s / 481.62 = 116 tx/s

Bitcoin can only process 4.6 TPS, with Ethereum 1.0 at a slightly higher 15-20 TPS.

https://coinmarketcap.com/alexandria/article/a-deep-dive-into-cardano

#Txs/week

#1 Stellar https://stellar.expert/explorer/public/network-activity (12.5 M)

#2 XRP Ledger https://xrpcharts.ripple.com/#/metrics (6.7 M)

#3 Ethereum https://etherscan.io/chart/tx (5.7 M)

4 Bitcoin https://www.blockchain.com/charts/n-transactions (2 M)

#7 tezos (270k)

#20 Cardano https://seiza.com/ (22k)

NEO
NEO functions as one of the leading smart contract pioneers enabling a speed of 1,000-10,000 transactions per second.


FAST
BFT protocols
Prevention of double-spend transaction and storage of invalid transaction data.
Up to 100,000 tps
https://www.nec.com/en/global/insights/article/2020022520/index.html

Futurepia is founded on a user-friendly interface that seeks to bring the ultimate blockchain experience to billions. It runs with a speed of 300,000 transactions per second as affirmed by the Korea Laboratory Accreditation Scheme(KOLAS)
https://futurepia.io/

Proof of Work (PoW) – 1st Generation (e.g Bitcoin)
Proof of Stake (PoS) – 2nd Generation (e.g Cardano)
Delegated Proof of Stake (DPoS)
– 3rd Generation (e.g EOS)

Dual Delegated Proof of Stake (DDPoS)
– 4th Generation (e.g Futurepia)n
" DDPoS is a new consensus algorithm that can provide greater speed than previous PoW & PoS algorithms and superior security than previous DPoS method algorithms. The main features of DDPoS are:"n

  • To avoid the risk of collusion or potential attack against certain BPs, the block observer (BO) systems was created. During each round, 4 new Block Oberservers are arbitrariliy chosen to ensure a certain amount of diversity is present within the delegate proof of stake system.n

  • DDPoS works with 21 BPs out of which, 17 are Master Nodes and 4 are randomly selected Block Observers.

  • Because there are 21 definite block producers that produce a block every 3 seconds, it takes 63 seconds to determine irreversibility.

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