Howmuch.net compares transactions speeds of cryptos against VISA & PayPal

in cryptocurrencies •  7 years ago 

Ripple ranks second and beats out PayPal by a significant number of transactions per second and demonstrates that Ripple has the scalability to be a mainstream payment solution.

Unsurprisingly Bitcoin is the slowest of all but Bitcoin Cash has the second fastest transaction speed. Litecoin with only four transactions less per second is very close in terms of speed does deserve recognition for that.

Read more @ https://howmuch.net/articles/crypto-transaction-speeds-compared

Sources for data :

CurrencyTransactions per secondURL Source
Visa24000https://usa.visa.com/run-your-business/small-business-tools/retail.html
Ripple1500https://ripple.com
Paypal193http://www.altcointoday.com/bitcoin-ethereum-vs-visa-paypal-transactions-per-second/
Bitcoin Cash60https://themerkle.com/crypto-vs-visa-can-denarius-compete-when-it-comes-to-transactions-per-second/
Dash48https://bitcoiner.today/en/dash-launches-a-dash-core-update-that-will-make-your-transactions-cheaper-and-even-faster/
Litecoin56https://steemit.com/cryptocurrency/@cyberblock/top-9-market-cap-blockchains-ranked-in-order-by-transaction-speed-lets-see-where-steem-fits-in
Ethereum20https://www.ethnews.com/the-raiden-network-could-allow-instant-transactions-in-ethereum
Bitcoin7https://blockgeeks.com/guides/blockchain-scalability/
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Interesting post! I had been wondering about this and now i know. Thanks for the information.

Glad you liked it and thank you @jazzresin for the comment!

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