Crypto Game
  • Advertise
  • Submit a Press Release
  • Contact Us
Blockchain & Cryptocurrencies Tabloid
  • Finance & Blockchain News
  • Bitcoin News

    Tim Draper Predicts Bitcoin Could Hit $250K This Year

    K Wave Media Stock Surges Following Bitcoin Acquisition Plan

    K Wave Media Boosts Bitcoin Reserves, Shares Surge 130%

    K Wave Media Plans Bitcoin Acquisition, Stock Surges 130%

    K Wave Media’s Stock Soars Amid Bitcoin Investment Plan

    K Wave Media to Acquire Bitcoin in New Strategy

  • Altcoin News
    • All
    • Bitcoin Cash
    • Cardano
    • EOS
    • Ethereum
    • Litecoin
    • Monero
    • Ripple
    • Stellar

    SEC Delays Decision on Canary’s Litecoin ETF Proposal

    SEC Delays Decision on Canary Spot Litecoin ETF

    SEC Postpones Decision on Canary’s Litecoin ETF Proposal

    SEC Postpones Decision on Canary Spot SUI ETF

    Cardano CEO Meets Franklin Templeton on Blockchain Strategy

    Dogecoin’s Bearish Pattern Indicates Upcoming 15% Price Drop

    Trending Tags

    • Ethereum
    • Bitcoin Cash
    • Litecoin
    • Monero
    • Ripple
  • Crypto 101
    • All
    • Cryptocurrencies
    • Exchanges
    • Services
    • Wallets
    Benefits Of Choosing the Right AI Trading Bot

    4 Benefits Of Choosing the Right AI Trading Bot

    Crypto Trading

    A Beginner’s Guide to Crypto Trading: Unlocking the World of Digital Coins

    BitcoinGames.com

    BitcoinGames.com Introduces the Ultimate Casino Gaming Experience with Bitcoin

    How AI is Helping Athletes and Fans Get the Most out of the Game

    From Training to Judging, AI is Entering the Ring

    Top 5 Websites for Buying Gift Cards with Crypto

    Clutch Savours – Gift Certificates You Can Buy with Crypto

    Layer 2 Blockchains

    Everything You Need To Know About Layer 2 Blockchains

  • Blockchain Events
No Result
View All Result
Blockchain & Cryptocurrencies Tabloid
No Result
View All Result

EOS’ Blockchain Beats Visa at Transaction Speeds

Anca F. by Anca F.
July 20, 2018
in Altcoin News, EOS, Latest News

EOS’ platform has hit two major records when it comes to the transaction speeds on its blockchain in the past 24 hours, surpassing all the other important cryptocurrencies with 2,822 transactions per second, then going over the 3 thousand transactions per second mark.

This record already beats the average transactions per second (TPS) of Visa (which has on average 1700 TPS, can perform more when over-capacitated), and just this morning they came to be the fastest major crypto platform by this measurement, by recording 2,822 TPS. Later on this day, EOS already passed its first record, reaching 3,097 TPS, according to stats from eosnetworkmonitor.io.

EOS’s primary use is to be a platform for decentralized application (DApp) development, enabling the creation of blockchain-based applications on EOS’s basic infrastructure. Their consensus mechanism is less decentralized, permitting higher network speeds. Their blockchain can also be connected to other chains, providing more uses cases and applications for its protocol.

The semi-decentralization of the platform has been raising a lot of speculation in the community lately. EOS employs a Delegated Proof of Stake (DPOS) which eliminates needing a slow mining process. Instead, users can vote for the block producers that have an important role in transaction confirmation.

However, this has led to issues one more than one occasion. Just a few weeks ago, there was a huge issue when one of the main block producers became irresponsive for 2 days.

This week alone, the platform experienced even more controversy after a few developers from the Ethereum team alleged that EOS was behind a transaction spam on Ethereum in order to have a competitive advantage before EOS’ mainnet release.

Nevertheless, this period is full of exciting projects and collaborations for EOS, announcing even more DApp developments as their network speed continues to go up. This week, the blockchain hit for the first time the 2,000 TPS mark. To put things into perspective, Bitcoin had 7, Ethereum 15, and Ripple’s XRP 1,500 TPS respectively.

Tags: EOSeos recordnetwork speedspeed recordtransaction speedvisa
Previous Post

Leading Global Smart Card Developer UBIVELOX Enters Cryptocurrency Market with Strategic Alliance with Pundi X

Next Post

Samsung Supports Cryptocurrency Payments in Three Countries

Anca F.

Anca F.

Related Posts

SEC Delays Decision on Canary’s Litecoin ETF Proposal

by Solomon M.
June 5, 2025

SEC postpones decision on Canary's Litecoin ETF, market reacts with price shift.

SEC Delays Decision on Canary Spot Litecoin ETF

by Solomon M.
June 5, 2025

SEC delays decision on Canary Capital's spot Litecoin ETF as market reacts mildly.

SEC Postpones Decision on Canary’s Litecoin ETF Proposal

by Solomon M.
June 5, 2025

SEC delays Canary Capital's Litecoin ETF decision; crypto market reacts to regulatory uncertainty.

SEC Postpones Decision on Canary Spot SUI ETF

by Adriana M.
June 5, 2025

SEC delays ruling on Canary Capital's SUI ETF, impacting SUI and similar ETFs.

Cardano CEO Meets Franklin Templeton on Blockchain Strategy

by Joshua T.
June 5, 2025

Cardano CEO meets with Franklin Templeton, discussing blockchain expansion and Cardano node operations.

Dogecoin’s Bearish Pattern Indicates Upcoming 15% Price Drop

by Solomon M.
June 5, 2025

Dogecoin faces a predicted 15% drop due to bearish technical patterns, impacting market sentiment.

We Recommend

Top Rated Casinos
Bitstarz Casino

BitcoinCasino.io
Top Crypto Betting
1xBit.com
Top Rated Exchanges
Binance Exchange

Bityard.com
Top Advertising Services
Coinzilla Display Network
Top Crypto Wallets
Ledger Nano X

  • Terms and Conditions
  • Privacy Policy
  • Advertise
  • About Us
  • Contact Us

© 2018-2019 theccpress.com by Brantell Media.

No Result
View All Result
  • Finance & Blockchain News
  • Bitcoin News
  • Altcoin News
  • Crypto 101
  • Blockchain Events

© 2018 - 2019 theccpress.com, a Brantell Media project.

This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy and Cookie Policy.