blockchain transactions per second
Lightning Protocol has a 60,000 transactions per second limit, VISA currently processes 2,000 transactions per second, and stock exchanges execute about 80,000 transactions per second.
Bitcoin has a TPS of 7, Litecoin 56, Ripple 1500, and Bitcoin Cash 60.
Paypal processes almost 193 transactions per second while Visa processes from 15,000–20,000.
Ehtereum handles 20 TPS.
Futurepia mainnet’s speed has been verified to be 300,000 TPS
When EOS was launched, it was called as ‘Ethereum Killer’ and when it crossed 3,000 TPS, it was a big news in the town as it broke two major record:
a) Becoming the fastest blockchain and
- First time ever a cryptocurrency overpassed the Visa TPS speed (which averages 1700 at that time)
EOS is also platform for DApps where developers build blockchain based decentralized apps on EOS’s underlying infrastructure. Currently, they claim to have gained the speed of 50,000 TPS
NEO is one of the emerging blockchain claiming to have 1000–10,000 TPS speed. Just like Futurepia and EOS, they offer a platform for DApps, provide certain APIs for DApp developers. According to their website “ It utilizes blockchain technology and digital identity to digitize assets and automate the management of digital assets using smart contracts. Using a distributed network, it aims to create a “Smart Economy”
But they claim that by 2020 they will be able to achieve 100,000 TPS which Futurepia has already achieved.
‘Qtum’) has created a blockchain that can handle 10,000 TPS.
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