You are viewing a single comment's thread from:

RE: Graphene Based Networks Will Be At the Forefront of The Cryptocurrency Market In The Near Future, And I View The Recent Price Decreases As A Perfect Opportunity To Increase Stake In The Graphene Tokens.

in #steemit • 8 years ago

Distributed proof of stake in which graphine based block chains are based has its advantage. Eos itself is designed to handle many transactions even 1000s per second. This is achieved I believe thru parallelism . Having said all this there is no certainity that this will succeed . For EOS to succeed you need to have developers onboard. With ethereuem having wide indistrial support and adoption , this is a.m big ask. Lets wait and see

8 years ago in #steemit by
$0.00
    1 vote
    Reply 1
    Sort:  
  • Trending
    • [-]
     8 years ago  

    FWIW, BitShares can handle 3300tx/sec without any modifications today - that's they kind is load VISA experiences on a typical day. The main bottleneck is signature verification which is a highly parallel process that scales almost linearly of you give it more cpu cores - there aren't any significant technological barriers to implementing it OpenCL/CUDA either. Regardless of what happens with Bitcoin, Satoshi's vision is alive and well.