Taking a look at the state of blockchain transactions

samstickkz (65)in #steem • 6 years ago (edited)

I love checking blocktivity.info because it tells the true value of a blockchain. it shows you the number of transactions each blockchain can carry out and that is one of the main qualities a blockchain should have. Most the popular blockchains we know today currently can't meet mainstream adoption.

Graphene blockchains have proven to be the leader in terms of the number of transactions that can be carried out in a second (TPS). Over the past 1 year, steem and bitshares have been toping the table when it comes to the number of transactions in 24 hours.

some may argue that these transactions are carried out by bots, but my question is, if we decide to use build bots to carry out these same number of transactions on your fav blockchain, will your fav blockchain be able to withstand the pressure?

steem and bitshares are overripe for mass adoption. not only are they fast but transactions on steem blockchain are free of charge and bitshares is extremely cheap. I know as investors begin to invest into blockchain tech, they will look into these graphene blockchains.

Now the new kid (EOS) on the block has already surpassed ethereum. today EOS clocked almost 2000 transactions per second, using less than 0.05% of its capacity.

bitshares and steem are still maintaining their top positions for now. EOS is still trying to catch up, ethereum is still trying to scale. I am sure vitalik is working on this.

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