Ethereum set to scale beyond Visa Network

in ethereum •  8 years ago 

The Raiden Network is a layer-two protocol recently implemented on the Ethereum blockchain to facilitate "machine to machine payments on a global scale."

A demo of 100,000 transactions per second is planned for early Fall. International payment processor Visa has a max network capacity of 56,000 transactions per second...

Ethereum seems well-positioned to meet scalability challenges going forward.

Read more at CryptoCoinNews below...

https://www.cryptocoinsnews.com/ethereum-races-ahead-raidens-implementation-lightning-network/

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