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RE: What is the Fastest Blockchain?

in #bitshares7 years ago

He says "Bitcoin does 7 tx in 10 minutes" and "Ethereum does 7 tx in 2 minutes". This is misleading. The column is "Transactions Per Second", meaning that's how many tx/s, and they're aggregated into a block. FYI, Ethereum's confirmation time is less than 30 seconds, not 2 minutes.

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Thanks for the feedback. The point I am making though is if you want a more superior blockchain that can scale then nothing beats Bitshares.

Totally agree, but it helps to prove your point if you're using accurate data. You described Ethereum as having 7 tx every 2 minutes, when it's actually 210 every 30 seconds.

Don't forget that there's a lot more you can do on the Ethereum blockchain than on the Bitshares blockchain.

Edit: Also, as far as I can find, the highest tx/s I could find for Bitshares is 333 tx/s under stress testing.

you haven't made any ico's recently for sure
??????