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

pytoshi (41)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.

Sources for data :

Currency	Transactions per second	URL Source
Visa	24000	https://usa.visa.com/run-your-business/small-business-tools/retail.html
Ripple	1500	https://ripple.com
Paypal	193	http://www.altcointoday.com/bitcoin-ethereum-vs-visa-paypal-transactions-per-second/
Bitcoin Cash	60	https://themerkle.com/crypto-vs-visa-can-denarius-compete-when-it-comes-to-transactions-per-second/
Dash	48	https://bitcoiner.today/en/dash-launches-a-dash-core-update-that-will-make-your-transactions-cheaper-and-even-faster/
Litecoin	56	https://steemit.com/cryptocurrency/@cyberblock/top-9-market-cap-blockchains-ranked-in-order-by-transaction-speed-lets-see-where-steem-fits-in
Ethereum	20	https://www.ethnews.com/the-raiden-network-could-allow-instant-transactions-in-ethereum
Bitcoin	7	https://blockgeeks.com/guides/blockchain-scalability/