Search results “Bitcoin transaction per second”
How many Transactions per Second are possible in one Payment Channel of Bitcoins Lightning Network?
I took the time to create a fairly simple benchmark (see code in description) to see how often I could transfer 5 mBTC within one payment channel per. The number is quite surprising and pwns the BCash stresstest (: And that was only one payment channel. Imagine how many tx per second could be possible if we had an entire network of payment channels. I guess this is what scaling is all about. I will appreciate the kindness if you leave a (small!) tip. BTC-address: 1KwjU4UknzbXh1rnP1jAKz9wwjcuYwe9AC segwit: 38fWwbsxvVeBsJpH4bbHTBai8jT8RUa7DE Leave an even more anonymous tip via the ⚡ Lightning ⚡ network (: Get the invoice with this curl statement: curl -i -H "Accept: application/json" -d '{"amount":ENTER_AN_INTEGER_AMOUNT_OF_SATOSHIS_INSTEAD_OF_THIS}' https://ln.rene-pickhardt.de/invoice Big thanks to Fulmo from Berlin for supporting some of my work! My web site: https://www.rene-pickhardt.de and Twitter: https://twitter.com/renepickhardt as well as my lightning node: https://ln.rene-pickhardt.de Mentioned Blog article by Jasper: https://medium.com/@jraedisch/playing-with-the-lightning-network-91cea7a34e94 my source code: https://github.com/renepickhardt/HackALapp/blob/master/HackABechmarkLAPP/benchmark.py my dataset and graphics: https://github.com/renepickhardt/HackALapp/tree/master/HackABechmarkLAPP/data
Views: 1724 René Pickhardt
The World's Fastest Blockchain - Over 1 Million Transactions Per Second - Beats Visa by 999,000 TX/s
Ternio is a blockchain and cryptocurrency you do not want to sleep on. Currently they can do over 1 million transactions per second. Which makes them the fastest cryptocurrency and blockchain in the world. Near instant transactions. Tern and Ternio is something you for sure don't want to miss out on. Learn more about their project on their website below: https://ternio.io/ ---------- Crypto News TV Information ---------- **Crypto News TV Telegram Chat** http://bit.ly/2nokwzk **FREE $10 in Bitcoin on Coinbase** http://bit.ly/2ipXsdU **Receive FREE Bitcoin 100% Free** http://bit.ly/2jDB0hL **Cryptocurrency Podcast on iTunes** http://apple.co/2mNKdZT Contact Info: Website: https://cryptonewstv.com/ IG: https://www.instagram.com/cryptonewstv/ Donations: BTC: 171SaTtfo6byG3QYCkh8twyu7koDbHuM4J ETH: 0xA51829b418FEdBeadbdc90cc3474026e46EaDC1e NEO: AQ9iBvwu3hwzmdKR5D3ejg2suHQXrbMFcL
Views: 1177 Crypto News
Blockchain Transactions Per Second Must Increase
Currently BTC only does up to 7 transactions per second while ETH only does 25 transactions per second, but we a protocol that can do many more transactions per second so that the whole world can use blockchain technology and eventually the IoT can run on the blockchain Follow me on twitter: https://twitter.com/profit_ai Follow me on steemit: https://steemit.com/@cryptoaiprofit 0x70079C960CF8B18C692Acb8A4AAe3D6827617DF6
Views: 110 Crypto AI Profit
EOS - Millions of Transactions Per Second? | Blockchain Central
This week on Blockchain Central: we’ll take a closer look at EOS, a fundamentally new cryptocurrency, that is more centralised than the other ones, but still has a lot of potential to become a strong rival on the market. __ 'Blockchain Central' is your #1 trusted source for everything crypto. Our host Blue will guide you through weekly news about the political, legal and financial sides of crypto currencies like Bitcoin and Ethereum as well as recent developments in Blockchain technology, Initial Coin Offerings (ICOs) and new coins/tokens. This channel is produced in cooperation with the Frankfurt School Blockchain Center and their experts working on Blockchain technology and DLT. This content does neither represent financial, legal or tax advice, nor is it supposed to be understood or interpreted as solicitation to buy or sell any securities, coins or tokens! Subscribe to our channel to watch a new video every Monday & Thursday!
Views: 220 Blockchain Central
Bitcoin Transactions per second rising, has Bitcoin bottomed?
Has Bitcoin Bottom out, is it almost time for a rebound? ------------ Free Crypto(Affiliate links): Free Coins: http://cointiply.com/r/0X2jG Free Bit Coin: https://freebitco.in/?r=10980540 Free Dogecoin: http://freedoge.co.in/?r=1539538 Get Brave(ad-free) browser: https://brave.com/cry932 Exchanges I use and trust: Coinbase/Coinbase pro: https://www.coinbase.com/join/5a1dccf1861324011170da77 Binance: https://www.binance.com/?ref=11517630 ------------------------- If you want to leave me a tip, here are the addresses, Dogecoin is preferred, I don't give refunds, so please enter the right amount: Doge: DDvsYXw2vtBaTRd9G8JyZekmJ9LFvjGjhc TRON: TX4JztzDyDPDqrNciDfTwa6NZqCca1HY56 Litecoin: Lcab1UZcPSXxjH8PfyzoGt8JTFSBfkMxM1 Bitcoin: 16BKWthynKYcawY8ivatbY6qg58nBQQ56a Ethereum: 0xc49c42e1aEd6F645d67DA4eA512b69C31f7d477 XRP: Address: rPVMhWBsfF9iMXYj3aAzJVkPDTFNSyWdKy Tag: 710664078 ----------------- My other channels: https://www.youtube.com/channel/UCMAep54SS2uOP0cDlZAUGMQ -- Food channel https://www.youtube.com/user/Iamaninjamaster/videos -- Photography channel * I am not a financial adviser so please investment carefully at your own risk
Views: 330 Cryptocurrency News
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What is EOS? How Does it Work?
What is EOS? How Does it Work? https://blockgeeks.com/guides/eos-blockchain/ EOS is a smart contract platform much like Ethereum. EOS, however, promises the ability to perform millions of transactions per second, without any fees! How could this be possible, given the scalability of other major blockchains? In this guide, we dive into what EOS is doing differently to achieve this, and what those choices mean for the network. What Does EOS Blockchain Bring To The Table?   Let’s check out some of the features of EOS. #1 Scalability The biggest problem that the blockchain based space is facing is scalability issue Visa manages 1667 transactions per second while Paypal manages 193 transactions per second. Compared to that, Bitcoin manages just 3-4 transactions per second while Ethereum fairs slightly better at 20 transactions per second. The reason why blockchain-based applications can’t compute that many transactions per second are because each and every node of the network must come to a consensus for anything to go through. EOS are claiming that because they use DPOS aka the distributed proof-of-stake consensus mechanism, they can easily compute millions of transactions per second. We will explore DPOS in a bit. #2 Flexibility Ethereum’s entire system came to a standstill because of the DAO attack. Everything stopped and the community got split because of the hardfork. Because EOS uses DPOS this is unlikely to happen again in their ecosystem. If a DAPP is faulty, the elected block producers can freeze it until the system is taken care of. This is simply an extension of the DPOS system, not every node has to take care of chain maintenance. #3 Usability EOS allows well-defined levels of permission by incorporating features like web toolkit for interface development, self-describing interfaces, self-describing database schemas, and a declarative permission scheme. #4 Governance In EOS the Governance is maintained by establishing jurisdiction and choice of law along with other mutually accepted rules This is usually done via the legally binding constitution. Every single transaction in EOS must include the hash of the constitution to the signature. This, in essence, binds the users to the constitution. The constitution and protocol can be amended by the following process: The change is proposed by the block producer who obtains a 17/21 approval rate The 17/21 approval must be maintained for 30 straight days. All users are required to sign off their transaction using the hash of the new constitution. Block producers adopt changes to the source code to reflect the change in the constitution and propose it to the blockchain using the hash of a git commit. Block producers again need to maintain 17/21 approval for 30 consecutive days. After that, full nodes are given one whole week to adapt to the new changes. Any node that doesn’t follow the new protocol is automatically shut down. So what happens if something like the DAO happens and the EOS system is forced to look for a quick change and solution to the protocol? In emergencies like that the block producers have the power to speed up the amending process. #5 Parallel Processing In parallel processing, program instructions are divided among multiple processors. By doing this, the running time of that program decreases greatly. EOS provides parallel processing of smart contracts through horizontal scalability, asynchronous communication, and interoperability. For more blockchain guides, courses, and videos, visit us over at blockgeeks.com!
Views: 11904 Blockgeeks
How EOS Can Reach 1,000,000 Transactions Per Second!
How EOS Can Reach 1,000,000 Transactions Per Second! A common criticism of EOS is that it's centralized and that's why it scales well. However in this video we explore how EOS scales even better than centralized cryptocurrencies/payment platforms. We also explore horizontal scalability in theory could allow EOS to scale up to 1,000,000 tps or even more. Dan Larimer article: https://medium.com/eosio/eosio-dawn-3-0-now-available-49a3b99242d7
Views: 1314 Crypto Dunker
How Fast Is Iota - Transaction Speed Per Second Compared To Bitcoin Ethereum Paypal And Visa
How fast is iota? In this video we check out how iota compares to Bitcoin Ethereum Paypal and Visa Transactions Per Second. The results are astounding. Iota's performance against existing players is already up there with the highest performers and is only going to get better as it gets bigger!
Views: 2065 Learn Iota
Which cryptocurrency blockchain has the most transactions per day?
Would you join us in discovering which blockchain has the most transactions daily because knowing this helps determine which cryptocurrency truly is valuable and which is likely to be pure speculation? The reason fiat currencies like USD have value is the ability to transact. A key indication of the true value of a currency is how much it is being used. With cryptocurrencies the same rule applies because a currency that has many users sending and receiving money is worth buying while anything that has a low amount of activity is likely overvalued and best to sell. For example, Ethereum actually has more transactions than Bitcoin today but Steem has more than both of them combined even with a fraction of the number of users! To read more, would you please visit my post on Steemit at https://steemit.com/steem/@jerrybanfield/1-data-point-proving-the-value-of-steem because your comments actually can earn you money here and show exactly why there are so many transactions in Steem? SUBSCRIBE? Help me reach 200,000 YouTube subscribers at https://www.youtube.com/JerryBanfield?sub_confirmation=1. THE UNIVERSITY OF JERRY BANFIELD! Would you try enrolling in one of my video courses today at http://u.jerrybanfield.com/ because taking my classes helps each of us make more money online? ABOUT? Enjoy an unforgettable autobiographical experience with me at http://jerry.tips/myautob. SOFTWARE? EQUIPMENT? See the full list at https://jerrybanfield.com/resources/ and take the course to see how I put it together at http://jerry.tips/wrcstc. YOUTUBE! Would you like more views and subscribers on your channel? Take my YouTube video class at http://jerry.tips/ytppss. THANKS! I appreciate you reading this and hope you have a wonderful day! Love, Jerry Banfield https://jerrybanfield.com/freecourses/ https://steemit.com/@jerrybanfield/
Views: 6656 Jerry Banfield
Komodo Platform. 1 million transactions per second. Daniel Pigeon, interview.
***Русские субтитры Every ten minutes our notary nodes save a "snap" of our blockchain into Bitcoin's ledger, this mirrors our data in Bitcoin's blockchain. This means that if someone would like to hack us, they would also have to hack Bitcoin's blockchain, since it's the biggest at the moment, that's impossible. https://komodoplatform.com
These Coins Have The fastest Transactions Per Second (From Greatest To Least)
This is a quick video going over all of the coins that have the highest capacity for handling transactions. Starting with the fastest all the way down to the slowest. I accidentally put one of the coins out of order you will see soon enough... Thank you for watching. SUBSCRIBE!! Also, click the bell for notifications on future videos! Follow Me On DTUBE: https://d.tube/#!/c/cryptoryno-saur Watch this video "Giving Back My Bitcoin": https://goo.gl/J5Q7yQ Buy Bitcoin Get $10 Back: https://goo.gl/xPyUWM Follow me on Twitter: @Ryno_Saur Facebook Page: https://goo.gl/YKGjNc BTC Donations: 182fhVi1jfsqjmQXxrTRHD6v6khKaR7p4N **DISCLAIMER**: I am not a financial advisor. Do your research before making any investment. You should also understand the risks of investing. Only invest what you are willing to lose, and good luck out there. No risk no reward! There is risk involved when investing into anything.
Views: 210 Ryno-Saur
Bitcoin Exchange BTC.UY - Order Matching Engine running 300k Transactions per Second
A small demo from our dev team showing our order matching engine "remagic" in a speed test handling over 300.000 transaction per second. The order matching itself is capable of many million transactions per second - the bottle neck is shuffling the millions of transaction into the engine - but 300k TPS makes us still very happy - and this is a very modest machine we tested on. More soon on http://btc.uy We are also the makers of http://BTCXperts.com and http://BTCpay.de
Views: 5031 Steven Morell
Ethereum Steps Toward 1 Million Transactions Per Second
On today’s episode of The Cryptoverse… I would like to do a pro-Ethereum episode. Raiden, a second layer solution akin to the Lightning network has now been deployed on the mainnet after 2 years on the testnet, with the promise of 1m tps. ●▬ Earn A Passive Income In Bitcoin ▬▬▬▬▬● https://cryptoversity.krtra.com/t/zNyVgrke3xoQ ●▬ Take My Online Crypto Courses ▬▬▬▬▬● https://cryptoversity.krtra.com/t/r54RTiOWLIZa Use Christmas coupon code 10youtubexmas18 at the checkout to get $10 per month off for life! Coupon code expires on Christmas Eve the 24th of December 2018. ●▬ Learn How The Crypto Revolution Is Bigger Than The Internet ▬▬▬▬▬● https://cryptoversity.krtra.com/t/MwQdG7FXEO9c ●▬ Earn Crypto Rewards For Watching My Videos ▬▬▬▬▬● https://www.patreon.com/TheCryptoverse ●▬ Official Merch ▬▬▬▬▬● https://planetc.shop/collections/the-cryptoverse ●▬ Donate Crypto Anonymously ▬▬▬▬▬▬▬▬▬● https://btcpay648087.lndyn.com/apps/4LDHdzzzz8XS97g31aX1TTcMGR7Y/pos ●▬ Social Networks ▬▬▬▬▬▬▬▬▬▬▬▬▬▬● Steemit: https://steemit.com/@marketingmonk Twitter: https://twitter.com/ChrisConeyInt Telegram: https://t.me/TheCryptoverse Reddit: https://www.reddit.com/r/TheCryptoverse/ Minds: https://www.minds.com/marketingmonk Gab: https://gab.ai/chrisconey ●▬ Sources ▬▬▬▬▬▬▬▬▬▬▬▬▬▬● Please become a patron if you'd like the list of research sources. https://www.patreon.com/TheCryptoverse #Ethereum #Raiden #LightningNetwork
Views: 3577 The Cryptoverse
Credits alpha version is showing 200k-500k transactions per second.
Views: 4336 Sean Davis
Ethereum Raiden Network "Alpha" Is Active - 1 Million Transactions Per Second
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Views: 15349 The Modern Investor
Bitcoin Transaction Per Second Approaching All-Time High!!!
Episode 213 of No Edits Crypto brought to you by the great people over at FlashCoin.io 💓 Crypto Donations Are Graciously Accepted: 💓BTC: 1JZTHhnCVCSRJgsK52ia4bZtpAscez9wbH 💓LTC: LWYAuQB12ZAYLizZ3Ji7oAZS7ZbKohQdtP 💓ETH: 0xCB5E09254FB09CB9A3296a8E9386F9c8Bd53A276 💓BCH: qptcv7r68vw850taly83q5tl3urahj7uv50v3xdcfa 💓ETC: 0x6DD60aBa6f664b21BE6DECa80cc047154da9F561 💓FlashCoin: UaCpjRFCk2KRUAhEpbjGVVYW6KNvcwHCyQ 💓Steem: @pittsburghhodlr This is not financial advice. Thanks for watching!
Views: 26 Pittsburgh HODLr
Bitcoin Scaling Explained: Can Bitcoin Cash Scale on Today's Hardware?
Can bitcoin scale on chain by using bigger blocks? If Bitcoin uses todays hardware can it compete with VISA? TPS - Transactions per second Visa on average handles 2,000 TPS reaching a daily peak of around 4000 TPS. As the Bitcoin Core (BTC) network is now throttled at 1MB it can handle around 3TPS with no working 2nd layer solution. Bitcoin Cash (BCH) can currently handle 100 TPS on-chain without the need for any 2nd solutions. The block size is 32mb for BCH. Ethereum currently handles around 19 TPS. The bitcoin scaling debate has gone on for a long time. It's important to understand the facts. Can the Bitcoin Cash network increase block size further using hardware that exists today? To reach 1,000, 2,000 or even 10,000 TPS? A lot of Bitcoin Core (BTC) supporters will say that scaling on chain with bigger blocks in not a long term solution and we will hit a ceiling because of hardware. Roger Ver takes the time to break all of this down in the video above. It simply is not true. -- ► Subscribe Now For More Content: https://www.youtube.com/bitcoincomofficialchannel?sub_confirmation=1 ► Follow us on twitter for moment by moment updates: https://twitter.com/bitcoincom -- ► What is bitcoin? -- Bitcoin is one of the most transformative technologies since the invention of the Internet. Bitcoin.com stands firmly in support of financial freedom and the liberty that Bitcoin provides globally for anyone to voluntarily participate in a permissionless and decentralized network which empowers people to not be marginalized by governments and financial institutions. Bitcoin is freedom. -- ► Want some free Bitcoin Cash? Grab some from https://free.bitcoin.com/ -- ► Who are we? -- Bitcoin.com is your premier source for everything Bitcoin related. We help you buy, use, and store your Bitcoin securely. You can read the latest news or engage with the community on our Bitcoin forum. We also provide helpful tools and real-time market price and chart information, as well as Bitcoin mining and Bitcoin events information. -- ► Follow Bitcoin.com Here: Twitter: https://twitter.com/Bitcoincom Instagram: https://instagram.com/newsbitcoincom/ Facebook: https://www.facebook.com/buy.bitcoin.... Website: http://bitcoin.com Telegram Channel: https://t.me/bitcoin_tv Podcast: https://podcast.bitcoin.com/ Bitcoin Store: https://store.bitcoin.com Topics covered: bitcoin scaling, bitcoin scaling debate, segwit, lightning network, bch, bitcoin cash.
Tron (TRX) Exceeds 1.6 million Transactions per Second & TRON Accelerator
business inquiries: [email protected] NEW VLOG CHANNEL: https://goo.gl/G1baBG Tron (TRX) recently has had some developments, I bring you up to speed! Let me know in the comments below what you think about this content! Best Cryptocurrency Hardware Wallet: https://amzn.to/2wGfClI HODL MUG: "Just #@%king HODL: https://amzn.to/2KgHfnq Bitcoin T-Shirt: https://amzn.to/2ryzMbI Donate Cryptocurrencies to the Channel to improve the content! THANKS! !!! No, seriously....Thanks for watching! *This is NOT Financial advice, the content found on this channel is solely my opinion so please make sure you do your own research and invest with a professional.* #finance #bitcoin #cryptocurrency
Views: 1047 Blockchained
Bitcoin's Lightning Network Explained For Dummies! Will This Solve Bitcoin's Scalability Problem?!
Lightning Network is a popular proposed solution to Bitcoin's debated scalability problem. It is a second-layer off-chain solution which basically allows peers to send each other unlimited small transactions and then just records the start and end state on the actual Bitcoin blockchain. This could raise Bitcoin's throughput to millions of transactions per second, finally allowing it to become the global payment system that many people envision. However, the Lightning Network does have many concerns that need to be addressed before it really takes off - such as routing problem, DDoS attacks, incentives, and more. With many talented dev teams working on LN, the hope is that they can deliver and thus Bitcoin will truly be able to scale! #Bitcoin #Blockchain #LightningNetwork For further explanation of the Lightning Network, please read: https://www.bitcoinforbeginners.io/cryptocurrency-guide/bitcoin-lightning-network-explained/
Views: 2414 Bitcoin for Beginners
Credits has released video proof that they can do 488k transactions per second! Here is the video and article: https://medium.com/@credits/the-alpha-version-of-credits-showed-a-speed-of-488-403-transactions-per-second-during-the-testing-ca5c1045577
Views: 7870 Sean Davis
Plasma ☄ To Scale Ethereum To BILLIONS Of Transactions Per Second / TenX 💳 Adds Support For ETH
**On today's episode of The Cryptoverse:** You can now spend your Ether anywhere that accepts VISA thanks to the latest update to the TenX card. And Introducing Plasma, an upgrade to Ethereum that could enable billions of transactions per second. Learn how to make money with Bitcoin and cryptocurrencies at: https://www.cryptoversity.com **Request a video topic here** https://goo.gl/forms/vcOaFAeIFVtj6NWw2 **Please Support The Cryptoverse And Boost Cryptocurrency Adoption By Becoming A Patron:** https://www.cryptoversity.com/enroll/ **Tip Me With Crypto:** Bitcoin: 1Lak8zkQbUB5FgDD6ci6M82oTVBveuBxBT LiteCoin: LcWP642P7NYTHg7wC6LscdeBi9wHcj45LB Dash: XoJrvgobQAtphXmcxStATPJQUgZYpWVMFu Ethereum: 0x3a8c8a9932f53a7224b51b6373cf2c726ab9b721 **My Social Channels** Steemit: https://steemit.com/@marketingmonk Twitter: https://twitter.com/ChrisConeyInt Facebook: https://www.facebook.com/Cryptoversity/ Gab: https://gab.ai/chrisconey Minds: https://www.minds.com/marketingmonk **Here are a few services I recommend:** Purse: https://purse.io/?_r=ccint Roboform: https://www.roboform.com/?affid=c5489 Vaultoro: https://www.vaultoro.com/?a=100678 Ledger Hardware Wallet: https://www.ledgerwallet.com/r/d1da?path=/products/12-ledger-nano-s **Sources:** http://plasma.io/ https://blog.tenx.tech/dev-update-august-4-2017-efc74211c9bb https://lightning.network/lightning-network-paper.pdf **Book a private consultation with me** https://www.cryptoversity.com/consultations/
Views: 16348 The Cryptoverse
Why Did The XRP Ledger Hit 127 Transactions Per Second?
Sign The Petition! Retweet! https://twitter.com/AlexCobb_/status/1086055795534422016 https://amzn.to/2LpEIrB (literally buy anything on amazon within 24 hours after clicking the link) Get Creative and Unique Ripple Merch Here! http://www.cryptomerchandise.net Ledger Nano S, Keep Your Cryptocurrency Safe! (offline storage) https://www.ledgerwallet.com/r/20ef?path=/products/ledger-nano-s&tracker=MY_TRACKER I AM IN NO WAY A FINANCIAL ADVISOR AND AM NOT GIVING FINANCIAL ADVICE I AM STRICTLY GIVING MY OPINION Thank you for watching! If you like to donate xrp to support the channel Deposit Address: rLHzPsX6oXkzU2qL12kHCH8G8cnZv1rBJh Destination Tag: 424786908 Weekly Blog Posted Each Monday https://steemit.com/xrp/@cryptotraderx Twitter https://twitter.com/AlexCobb_ Keywords: Ripple, XRP, Bitcoin Cryptocurrency
Views: 8604 Alex Cobb
www.credits.com I take you on a journey into the ICO for credits.com. They are touting 1 million transactions per second, super fast latency and cost per transaction of $.001. Annnd some kind of superior smart contract to Ethereum.
Views: 9215 Sean Davis
What is NEM and XEM? Why is it Japans 2nd favorite cryptocurrency?
Buy NEM and bitcoin @ the best prices here http://www.davidhay.org/bitcoin (visa and mastercard accepted) NEM explained by David Hay In todays episode of crypto talk we explore NEM and its currency XEM. Started in 2015 NEM was built to address some of the issues and limitations that bitcoin was running into. After bitcoin became a victim of its own success people were looking for faster & cheaper way to send digital cash. NEM stepped in with a 10x faster and cheaper platform. In order to achieve the increase in speed it adopted a centralized blockchain model that used a proof of stake type mechanism instead of proof of work like bitcoin does. There are no miners in the network, instead the coins were distributed to the first users and the only way to purchase coins is by buying one from someone else or owning so many coins you can setup your own supernode and start harvesting. Harvesting is when your computer is used to confirm transactions on the network and you get to keep some of the fees that were generated by the transfer. NEM looks like a big improvement over bitcoin but in my opinion isn't as interesting as other projects like IOTA. Because no more coins are being mined it should be safe from inflation and will probably be one of the more stable alt coins in terms or price. Notes from video NEM was launched in march 25 2015 Currency is called launched XEM Centralized block chain design like dash NEM has some unique features 100x more efficient in terms of electricity use because it using harvesting instead of mining Low transaction costs 10 cents to send $1000 Messaging capability built in but it cost extra to send No inflation possible all the coins have been mined 6 seconds to show 20 seconds to confirm 100% traceable, no private transaction possible Allows retailers to track spending habits Scalable solution made on newer technology can handle 3,000 transaction per second. Bitcoin 8 transaction per second. Has messaging service built Venmo charges 2.9% apple pay 1.9% NEMS fees $.01 It costs 10 cents to send $1000 Number 2 currency in Japan More efficient than bitcoin. Proof of importance which is almost the same as proof of stake Nodes and supernodes process payments Importance of node calculated by account balance, amount of transactions so you are incentivized to keep the records correct. In order to start harvesting you need 10,000 In order to have a super node you need 3,000,000 Once you start harvesting you get to keep part of the transaction fees
Views: 82361 David Hay
Trial of ‘Lightning Fast’ Protocol That Can Handle 60,000 Transactions Per Second Has Begun
Welcome to the source of information and knowledge! Thanks for visiting and apologizing for errors. Please subscribe below if you like this video and want to get all hot news videos https://www.youtube.com/my_videos?o=U hot news, hot hot news, hotnew, current news, latestnews, news today, latest news today, news update, current news today, top news today, new hot news, todays latest news, latest world news today, important news today, news around the world today, current world news, news updates, world news today, Hk Reading Book, latest world news today, todays latest news, world news today, news updates, Happening Now, cryptocurrency, bitcoin, bitcoin exchange, cryptocurrency exchange, digital currency, cryptocurrency news, cryptocurrency trading, altcoin, bitcoin cryptocurrency, top cryptocurrency, altcoin exchange, cryptocurrency prices, cryptocurrency charts, latest cryptocurrency, best cryptocurrency exchange, altcoin trader, best cryptocurrency to invest, Bitcoin News,
Views: 3 Hk Reading Book
10 Million Transactions Per Second - The Sparkster Decentralized Cloud Explained in Detail
Hear a detailed explanation from Sparkster Founder & CEO Sajjad Daya on how Sparkster will achieve its audacious claim of 10 Million Transactions Per Second. Sajjad will discuss the Sparkster Platform, and how it relates to the Sparkster Decentralized Cloud. Join our revolution at http://Sparkster.me
Views: 4588 Sparkster
EOS TPS (Transactions Per Second)
Thomas Cox VP of Product at Block.one describes Transactions Per Second on the EOS Block Chain at the EOS New York City Meet Up.
Views: 154 Dan Schaeffer
The Lightning Network Explained ( Bitcoin )
The Lightning network is off chain distributed network that depends upon the underlining technology of the blockchain. Since the bitcoin blockchain network suffers from constant congestion and processing fees have reached high prices, clearly this prevents Bitcoin from becoming a " Peer-to-Peer Electronic Cash System". The Lightning Network promises to solve scalability issues by moving most of Bitcoin transactions off chain. This means users can exchange Bitcoin without constantly interacting with the blockchain. However, Lightning does NOT replace the blockchain, but rather expends the system and works as a second layer on top of the regular Bitcoin protocol. This will hopefully allow to scale to thousands of transactions per second. ================================================== 💰Get a Coinbase Wallet! - https://www.coinbase.com/join/5a4bf25... Sign up! 💰Get a Binance Wallet! - https://www.binance.com/?ref=21867060 Sign up! =================================================== ★ Any donation is highly appreciated. 🔑 BTC Wallet Address: 16EtKHG2rwH2NqA4MniK4JRhzPyv5AeiER 🔑 ETH Wallet Address: 0x1db0fa9a379e46cb205a39a0766e30d3e3d0d11e 🔑 LTC Wallet Address: LRcmBavhskBURqmw1sujV5LS8WUPvfaNj8 ================================================== ➤ Blockchain's Future: https://www.youtube.com/watch?v=qF3Pv8205Hk ➤ Bitcoin vs Gold: https://www.youtube.com/watch?v=yraE-7_xiWU ➤ Bitcoin Adoption: https://www.youtube.com/watch?v=MU8F5ihic4Q ==================================================== Thank you so much for watching! ==================================================== The Lightning Network Explained | the lightning network bitcoin | lightning network node | lightning network demo | cryptocurrency | bitcoin |
Views: 1403 Aimstone
Millions of transactions per second on EOS.IO blockchain | Interview Ian Grigg of Block.One
The absolute best presentation at the CryptoFinancing Conference in London was by Ian Grigg of Hong Kong based Block.One about EOS.IO, a blockchain (like Ethereum) that can do 50.000 transactions per second. The technology they're using might even make it possible to reach millions of transactions per second. It's also a governed chain with a constitution that mimics democracy and a new world with it's own rules. Ian Giggs has been in digital currencies since digiCash in 1997 and I interviewed him on the story behind EOS.IO!
Views: 3501 Vincent Everts
Eos Should Be Doing 50,000 Transactions Per Second & What's Going On With STEEM?
Keep Your funds safe! Buy A Hardware Wallet Here! https://www.ledger.com?r=cc19 You can follow me on twitter $500 giveaway at 2k followers : https://twitter.com/TheDustyBC What's going on with our beloved EOS? :o Discord link : https://discord.gg/GC59pgZ Articles/Sources: https://ambcrypto.com/eos-50k-transactions-per-second-says-novogratz/ https://usethebitcoin.com/mike-novogratz-believes-eos-is-going-to-reach-50000-transactions-per-second/ https://blokt.com/technical-analysis/before-eos-there-was-steem-bearish-outlook-as-price-approaches-lows-of-2018 Facebook: https://www.facebook.com/Dustybc-2036569863256977 Join Binance!: https://www.binance.com/?ref=23056213 To enter the giveaway, comment something nice, like the video and be subscribed! You can buy/try profit trailer on their site: - https://profittrailer.com/pt/DustyBC/ Safe Hardware Wallet: https://www.ledgerwallet.com/r/cc19 Buy Stuff With BTC Here: https://purse.io/?_r=KEP5Pa Free btc every hour (PAYING): - https://freebitco.in/?r=7257596 $10 Free bitcoin! - https://www.coinbase.com/join/59754a6f9cdd9a00a7a8f21c Mining : - Genesismining USE THIS CODE FOR 3% OFF : ZC2PGJ - https://hashflare.io/r/3F080FF7-DustyBC (3% Extra) Disclaimer: I am not a financial advisor nor am I giving financial advice. I am sharing my biased opinion based off speculation. You should not take my opinion as financial advice. You should always do your research before making any investment. You should also understand the risks of investing. This is all speculative based investing. #eos #altcoins #cryptodaily
Views: 461 DustyBC
Ethereum vs Bitcoin, Long Term Reasons to Invest in Ethereum
Bitcoin & Ethereum are the top most best cryptocurrency to invest in long term. Ethereum has the long term potential for growth. It is extremely bullish and is growing exponentially. Ethereum can handle 15 transactions per second as compared to Bitcoin can only handle 7 transactions per second. Ethereum has more applications than bitcoin and due to network congestion and high fees developers are moving from bitcoin blockchain to ethereum blockchain. Ethereum is backed by global corporations like Intel, J.P. Morgen and Microsoft. In Ethereum upgrades are currently in developement like Salability Improvements, Anonymous Transactions and Transition from proof of work to proof of stake. Ethereum has recently formed an Alliance called Enterprise Ethereum Alliance. Cryptocurrency carries a high level of risk and it may not be suitable for every investor. Created by VideoShow:http://videoshowapp.com/free
Views: 1298 Forex Language
Vitalik Buterin Ethereum Will Eventually Achieve 1 Million Transactions Per Second
Vitalik Buterin: Ethereum Will Eventually Achieve 1 Million Transactions Per Second Vitalik Buterin, the creator of Ethereum, has explained in a recent OmiseGO AMA session that with second-layer solutions such as Sharding and Plasma, the Ethereum network will eventually be able to process 1 million transactions per second and potentially more than 100 million transactions per second. Scalability Struggles of Leading Blockchain Networks Previously, at various conferences and presentations, Buterin emphasized that the Ethereum blockchain protocol and decentralized blockchain networks, in general, are struggling to deal with scalability issues. In September 2017, during an interview with venture capital investor Naval Ravikant at the Disrupt SF 2017 conference hosted by TechCrunch, Buterin noted that bitcoin and Ethereum have been processing three to six transactions per second at peak capacity. He added that for the blockchain to support large-scale payment networks such as Visa, stock markets like Nasdaq, and Internet of Things (IoT) networks, it will have to process hundreds of thousands of transactions per second. “Bitcoin is currently processing a bit less than three transactions per second and if it goes close to four, it is already at peak capacity. Ethereum has been doing five per second and if it goes above six, then it is also at peak capacity. On the other hand, Uber on average does 12 rides per second, PayPal several hundred, Visa several thousand, major stock exchanges tens of thousands, and in IoT, you’re talking hundreds of thousands per second,” said Buterin. During the OmiseGO AMA session, Buterin stated that second-layer scaling solutions that are currently being tested on the Ethereum testnet could enable the Ethereum blockchain network to support large-scale decentralized applications with millions of users by taking an innovative approach in optimizing the blockchain. Sharding in specific splits a blockchain network to shards which are then equipped with a group of nodes that are tasked to process information of certain shards. With Sharding enabled, all nodes on the blockchain are not required to process every single piece of data settled on the blockchain, optimizing the process of settling information. Plasma, a solution developed by Buterin and Lightning Network co-author Joseph Poon, operates similarly to Bitcoin’s Lightning Network, as it enables Ethereum to process micropayments by creating child blockchain networks within the main blockchains to process information more swiftly, leveraging the security of the main Ethereum protocol and thus not leaving the network vulnerable to potential attacks. “The reason I think layer 1 and layer 2 [networks] are complementary is because ultimately, if you look at the math, the scalability gains from the layer 1 improvements and layer 2 improvements do ultimately multiply with each other. If you have a Sharding solution, the Sharding solution itself might increase the scalability of Ethereum by a factor of 100, or eventually even more. But then, if you do Plasma on top of the scalability solution, then what that means is, you’re not just doing 100 times of the amount of activity but you are doing 100 times the amount of entrances, the amount of exits, and despite resolutions,” explained Buterin. 1 Million Tx / Second Buterin further noted that the synergy between layer 1 and layer 2 solutions would increase the scalability of Ethereum by 10,000x, allowing the network to process millions of transactions per second and supporting most applications. “So if you get a 100x from Sharding and a 100x from Plasma, those two basically give you a 10,000x scalability gain, which basically means blockchains will be powerful enough to handle most applications most people are trying to do with them,” Buterin added. ►A source https://www.instagram.com/bitcoin.info/ Bitcoin NEWS 🔵 🌐| Best bitcoin information🥇 📈| Bitcoin and Cryptocurrency earning ►Instagram: https://www.instagram.com/bitcoin.info/ ►Telegram: https://t.me/Bitco_info ►Subscribe to a channel: https://www.youtube.com/channel/UCQPC5ra4hUizg8XXa1lF6Qg?sub_confirmation=1 $ bitcoin donation: 1GC79bdmPFW4tZWp8ZL8jpFVjaaTjbEUt9
Views: 38 Bitcoin info
Ethereum On The Rise - Raiden Network Potential of 1 Million Transactions Per Second - Higher Crypto
Buy Ethereum https://www.coinbase.com/join/52360f57207d13511c000057 Store Ethereum on Ledger Nano S Hardware Wallets https://www.ledgerwallet.com/r/5e4a Mine Bitcoin, DASH, Ethereum and other cryptocurrencies DAILY with HashFlare! https://hashflare.io/r/EA1A36AB Genesis Mining Profitability Spreadsheet: https://goo.gl/8erZKd Discount code “qLsBuC” Get 3% off Genesis Mining Operation https://www.genesis-mining.com/a/1143876 Ethereum Price Can Reach $2000 If This Happens By: Pascal Thellmann https://cointelegraph.com/news/ethereum-price-can-reach-2000-if-this-happens BTC Donation Address - 14KRMZzcr4qzFTJ1evi78YzHGJAorLHK41 LTC Donation Address - MJfoinFYBhJvDgPyydSUrhB1XozkeBeVT6 More Videos on Cryptocurrency and Scams: Genesis-Mining Dash X11 Contracts No Longer Profitable Fall 2017? A5 DashMaster ASIC vs Cloud Mining https://youtu.be/TC6JgxMgrgw Control Finance Scam Why Would They Need Testimonials From Fiverr - Bitcoin Loans and Lending Ponzi https://youtu.be/CVetDWBb_jA Bitcoin is Like the Internet in 1995 - Now is the Beginning of Global Adoption for Cryptocurrency https://youtu.be/k47_SPI0QS8 BitcoinCash to Cause Bitcoin Crash? Five Percent of Miners Might Cause Hard Fork After all https://youtu.be/RCgywLaqAIE Control Finance and Bitconnect CryptoCoin Scams - Mistakes to Avoid When Working with Bitcoin HYIPs https://youtu.be/l92Q6CR6hkY Is ControlFinance Just another Bitcoin HYIP Scam? Testing it out and Due-Diligence - Crypto Review https://youtu.be/3rlSZV8zzmA HashFlare Cloud Mining Review - Best Scrypt Mining Litecoin Contracts Available https://youtu.be/rH-UMpEEKSY Ethereum Falling Wedge Reversal Breakout, Daily Closed Above Downtrend Line https://youtu.be/zxHUGlt9gUM How to Buy Cryptocurrency, A Guide For Beginners - Buying BTC, Ethereum or Ripple Online https://youtu.be/40U8jufoq7Y How Low Can BTC Get Before Genesis-Mining Lifetime Mining Contracts Not Profitable? https://youtu.be/hsr4B6ny11g Is Genesis Mining Legit? How it works and What to Expect and The Types of Crypto You Can Mine https://youtu.be/zW5sks8gDY4 Has Ethereum Crypto Currency GPU Sales Peaked For AMD And Nvidia? GPU Pricing and Supply Shortage https://youtu.be/4phJ9xQLvro The Raiden Network is currently in development and will drastically improve the speed of Ethereum Transactions. It is similar to the Off chain Segregated Witness Lightning Network for Bitcoin. Here is a cool picture of Raiden from Mortal Combat and the Ethereum symbol while this robot voice reads an article from Coin Telegraph, enjoy. Subscribe to our channel https://www.youtube.com/channel/UC8FkFLvq5ypzNyG4cqF6Ybw
Views: 912 Higher Crypto
raiblocks transactions per second
this is the speed of RaiBlocks ... phenomenal! This animation has been passed around quite a bit, if the original content creator wants a shout out (or for me to take it down) let me know.
Views: 862 Jason Pawlak
Let's Talk EOS and the Ability to Handle Millions of Transactions Per Second!
Not in cryptos yet? Sign up for Coinbase with this link and get $10 free Bitcoin! https://www.coinbase.com/join/587537052bf9c144d2064cd4 To purchase Gunbot at an additional discount through my affiaiate link click link below: https://www.truthblitz.com/purchase-gunbot Donations are welcome and much appreciated! Ethereum and ERC20 Token Address: 0x1AaAA04d105c4697ee968E82ECA61ea937EE1e83 BTC Address: 1Ek2FEocTrjgmLXEdPtBP5oVQUK3EVfDAb LTC Address: LXscVYe3UWLp74RYWmj6m6CFtjqV3oweGa Patreon: Patreon.com/TruthBlitz Paypal: paypal.me/truthblitzmedia
Views: 1287 TruthBlitz Media
The Bitcoin Lightning Network | Simply Explained
Many critics of Distributed Ledger Technology are quick to point out its scalability issues. Bitcoin’s scalability problem refers to the limits on the number of transactions the bitcoin network can process. The 1MB limit has created a bottleneck in bitcoin, resulting in increased transaction fees and delayed processing times. Visa processes on average 5,000 transactions per second with the ability to scale upward to reach 65,000 TPS. Bitcoin, on the other hand, can only handle 7 transactions per second with the current block size of 1MB. Obviously, there is a large discrepancy between Visa and Bitcoin, and the main Bitcoin blockchain does not seem to provide a scalable solution. The Bitcoin community has come up with a new technique called the Lightning Network to help solve the scalability issues. The idea is that those small and everyday transactions don’t have to be stored on the main blockchain. This new idea allows for more than 7 transactions per second and introduces the concept of Off-Chain transactions. The lightning network is a protocol or set of rules, that sits on top of the Bitcoin blockchain. The intention of the Lightning Network is to provide a way to facilitate micro-transactions using Bitcoin. The concept was originally introduced in 2015 and has been in development ever since. www.AChainofBlocks.com Don't Click HERE: https://www.youtube.com/channel/UCftxsv8P_Hz32KJuiVQ_0Wg/?sub_confirmation=1
How to Fix a Stuck/Pending Ethereum Transaction - Ethereum vs EOS TX per Second
This video will show how to fix a forever pending/stuck transaction on the Ethereum network and bounce it back to your wallet. To purchase Gunbot at an additional discount through my affiliate link click link below: https://www.truthblitz.com/purchase-gunbot Donations are welcome and much appreciated! Ethereum and ERC20 Token Address: 0x1AaAA04d105c4697ee968E82ECA61ea937EE1e83 BTC Address: 1Ek2FEocTrjgmLXEdPtBP5oVQUK3EVfDAb LTC Address: LXscVYe3UWLp74RYWmj6m6CFtjqV3oweGa Patreon: Patreon.com/TruthBlitz Paypal: paypal.me/truthblitzmedia
Views: 7109 TruthBlitz Media
You Can Buy, Sell & Trade TRF Travelflex on These Exchanges
What is it and why should I use it? Travelflex is a new cryptocurrency that is aiming to solve the scalability issues that other coins like Bitcoin are facing at the moment. By using a complete new DAG based algorithm Travelflex isn’t just a simple clone or a token. The block speed, for example, is 1 block per second, compared to 1 block per 10 min for Bitcoin. It run on its own network unlike 90% of all the others coins. Key Features of Travelflex * Super-fast transactions worldwide and a proper block size. * Physical Travelflex card (usable as a credit/ATM card). * Mobile nodes to keep the network decentralized and faster. * Direct, 100% secure and decentralized chat from wallet to wallet (peer to peer). * Connect to your favorite social media and add your friends to your friendslist. * Near Field Communication (NFC) to see who uses Travelflex around you. * PoS on DAG. You can stake rewards by blocking nodes and masternodes * Escrow service over the network. * Giving back to charities. * 24/7 support. * Modern printable Travelflex cheques. Transaction speed VISA can handle on average around 1,700 transactions per second (tps), call it a daily peak rate of 4,000 tps. PayPal, in contrast, handled around 10 million transactions per day for an average of 115 tps in late 2014. Today the Bitcoin network is restricted to a sustained rate of 7 tps due to the bitcoin protocol restricting block sizes to 1MB. Travelflex “Travel Flex” “Travelflex coin” DAG Crypto Cryptocurrency 2018 2019 Blockchain “Blockchain technology” tech technology finance “online payments” payments “digital currency” Bitcoin Litecoin Ethereum token “DAG Coin” Travel travelling adventure adventures “travel money” “Travel Visa” Visa “visa card” mastercard “prepaid visa” “prepaid credit card” experience money cash forex “forex trading” trade ATM fees “no fees” TRF Recently with improvements, let’s imagine the blocksize doubled to 2MB, so the rate also doubled to 14 tps. Bitcoin – 3 to 4 transactions per second for 1MB, 6 to 8 tps for 2MB (Cost= 2-10 USD+) for 1MB Ethereum – 20 transactions per second (Cost= 0.01-0.1 USD+) Paypal – 193 transactions per second average Iota 500 to 800 transactions per second on average. Find us on the following exchanges: https://btc-alpha.com/exchange/TRF_USD https://www.coinbene.com https://coinnox.com/markets/trfbtc https://getbtc.org/buy-sell.php https://stocks.exchange https://nibyx.com https://nauticus.io (as of august 2018) https://travelflex.org/index.php https://www.facebook.com/travelflexcoin/ White Paper: https://travelflex.org/whitepaper.php
KCN “Red Belly” blockchain provides 440,000 transactions per second
Partner: Cryptopia - https://www.cryptopia.co.nz https://steemit.com/@kcnnews The University of Sydney has recently introduced a new blockchain-based system that can perform more than 440,000 (four hundred forty thousand) transactions per second. According to CoinIdol, the system was named after one of Australia's most deadly snakes – red belly. According to academic Dr. Vincent Gramoli, who heads up the Concurrent Systems Research Group developing the blockchain has a game-changing potential for the industry of financial transfers. “Red Belly” may help to solve one of the major weaknesses of the bitcoin blockchain performance. Info: Bitcoingarden - https://bitcoingarden.org Coinidol - https://coinidol.com/ To add subtitles: http://www.youtube.com/timedtext_cs_panel?tab=2&c=UCWN9FtDP3d-jfJu83pGARxw Do you like our video?
Views: 416 KCN News
Devvio 8 million transactions per second on the Devcash Blockchain - Full uncut run
This video is a full and uncut run of a benchmarking test from Devvio where we processed 8 million transactions per second on-chain, on the Devcash Blockchain protocol. This is the first time a blockchain has processed that many transactions per second. Please see our Devvio website to see our whitepaper and a description of how our multi-tier sharding algorithm works.
Views: 234 tomlucient
Bitcoin Cash Explained ( BTC vs BCH )
Bitcoin Cash was launched in August 2017 and since become Bitcoin’s most popular cryptocurrency that has forked from bitcoin network. The reason of this fork is to increase the block size and process more transaction per second. Bitcoin’s maximum block capacity is 1MB, at this current time allows to process 3-7 transactions per second and implications of congested blocks, means paying high fees. Bitcoin’s cash on other hand maximum block capacity is 8MB witch is allowed to process around 60 transactions per second and fees 99% cheaper than original bitcoin. ================================================== 💰Get a Coinbase Wallet! - https://www.coinbase.com/join/5a4bf25... Sign up! 💰Get a Binance Wallet! - https://www.binance.com/?ref=21867060 Sign up! =================================================== ★ Any donation is highly appreciated. 🔑 BTC Wallet Address: 16EtKHG2rwH2NqA4MniK4JRhzPyv5AeiER 🔑 ETH Wallet Address: 0x1db0fa9a379e46cb205a39a0766e30d3e3d0d11e 🔑 LTC Wallet Address: LRcmBavhskBURqmw1sujV5LS8WUPvfaNj8 =================================================== Monero Cryptocurrency: https://www.youtube.com/watch?v=wPc143lX-M0 Bitcoin vs Gold: https://www.youtube.com/watch?v=yraE-7_xiWU Bitcoin Adoption: https://www.youtube.com/watch?v=MU8F5ihic4Q ==================================================== Thank you so much for watching! ==================================================== Bitcoin Cash | Bitcoin Cash Explained | bitcoin cash vs bitcoin | bitcoin cash cryptocurrency | bitcoin cash 2018 | blockchain | blockchain bitcoin | blockchain bitcoin cash
Views: 18924 Aimstone
Vitalik Buterin: Ethereum Will Eventually Achieve 1 Million Transactions Per Second
Vitalik Buterin: Ethereum Will Eventually Achieve 1 Million Transactions Per Second Get exclusive analysis and cryptocurrency insights on Hacked.com for just $39 per month. Vitalik Buterin, the creator of Ethereum, has explained in a recent OmiseGO AMA session that with second-layer solutions such as Sharding and Plasma, the Ethereum network will eventually be able to process 1 mil... ► SUBSCRIBE FOR MORE VIDEOS: https://goo.gl/NYaHq2 ► Bitcoin News -Alt Coin news - coin telegraph - coindesk - coin market cap https://goo.gl/45UVFu ★★★ Thanks for watching! Please leave a like if you enjoyed and tell me what you think in the comments! Thanks ★★★
Views: 341 CoinKorea
LightChain Ushers Blockchain into the Millisecond Transaction Era
LightChain is a double-layer technology that promises to solve blockchain’s performance issues. Indeed, LightChain hopes to lead blockchain technology into the “millisecond transaction era.”. LIGHTCHAIN IS A DOUBLE-LAYER TECHNOLOGY. Granted, Bitcoin’s slow transaction processing speed and high transaction fees are the most pressing issues afflicting the cryptocurrency ecosystem.. By design, there is only 1MB of data available per Bitcoin block. That is, just 1 MB of transaction data is allotted every 10 minutes.. LightChain offers to fix these issues by introducing a new blockchain architecture that comprises one prime-chain and several other sub-chains.. LightChain Corporation believes that this technology will make possible the processing thousands of transactions per second.. The prime-chain, like Bitcoin’s blockchain, provides immutability and transparency. The sub-chains, on the other hand, provide the fast network services, by synchronizing and transcribing the transactions onto the prime-chain on regular bases.. According to LightChain Corporation’s press release:. "LightChain adopts the world’s first double-layer chain architecture, which not only maintains the core function of the Blockchain as a super account, namely records cannot be tampered with and destroyed, and simultaneously realizes the processing speed of 100,000 transaction requests per second.". PROOF-OF-MACHINE VALIDATES SUB-CHAIN TRANSACTIONS. LightChain brings to the forefront the concept of Proof-of-Machine (PoM) to validate the transactions that are executed on the sub-chains. Additionally, the performance of the sub-chains is enhanced by using an in-memory database cache.. The in-memory caching system increases application performance by retaining frequently-requested data in memory, thus significantly reducing the need for database queries to get that data.. In the LightChain architecture, there is only one prime-chain or mother chain, which preserves the attributes of Bitcoin’s blockchain: immutability and transparency. However, the sub-chains use Proof of Machine for validation purposes, as the white paper explains:. "Sub-chain is independent from each other, and the number of sub-chain can be extended when necessary. Prime-chain is decentralized and distributed network that is immutable transparent to the public. Sub-chain based on PoM (Proof of Machine) validation model, combined with an In-Memory database, to achieve substantial performance improvement.". Bitcoin started the year with the introduction of several schemes and new technologies promising to address Bitcoin’s scalability problem.. Examples of these options include SegWit, Lightning Network, and Schnorr signatures.. Now LightChain promises to expand the number of optimization options. Hopefully, upon review of these options, stakeholders will support their successful implementation.. How do you think LightChain’s adoption will impact Bitcoin transaction fees and speeds? Let us know in the comments
Views: 184 Cryptocurrency News
EOS Better than Ethereum? Programmer explains.
What are the real differences between Ethereum and EOS? We're taking a look at some simple facts we also discuss the IRS vs Bitcoin mixers situation, Vitalik promises 10000 transactions per second and Estonia decides to not continue with national cryptocurrency. https://news.bitcoin.com/meet-bestmixer-the-bitcoin-tumbler-trying-to-outwit-chainalysis/ https://www.ccn.com/vitalik-buterin-ethereum-will-eventually-achieve-1-million-transactions-per-second/ https://toshitimes.com/estonia-scales-back-its-plans-for-national-cryptocurrency/ https://themerkle.com/eos-and-ethereum-one-dapp-platform-to-rule-them-all/ Good Morning Crypto! Thanks for watching guys 💝 JOIN VIP Facebook Group: https://www.facebook.com/groups/154642935214122/?source=create_flow DLive (decentralized streaming): https://dlive.io/@ivanli Twitch: https://www.twitch.tv/ivanontech 🎓 LEARN SMART CONTRACT PROGRAMMING http://coding.ivanontech.com 🎓 Join my online academy https://academy.ivanontech.com HIRE TOP 3% BLOCKCHAIN EXPERTS: https://www.stockholmblockchain.com/staffing-1 👬 Join the crypto discussion forum - https://forum.toshitimes.com 📣 Join Telegram channel https://t.me/joinchat/AAAAAE2xJE4l8xhC8MU4cg 🎤 If you would like me to speak at your conference, book me here: https://ivanontech.com 📚 Get my free e-book on Bitcoin and Blockchain - http://eepurl.com/c0hyc9 you will receive the book in your inbox once you sign up 👫👭👬Social: LinkedIn: http://linkedin.com/in/ivanliljeqvist/ Instagram: http://instagram.com/ivanontech/ Steemit: https://steemit.com/@ivanli Facebook: http://facebook.com/ivanontech/ Exclusive email list: http://eepurl.com/c0hyc9 🤑 Buy cryptocurrencies: https://www.coinbase.com/join/529bab0ab08ded7080000019 💰 Secure your Crypto with Hardware Wallets: Ledger: https://www.ledgerwallet.com/r/4607 Trezor: https://trezor.io/?a=rvj3rqtje3ph DISCLAIMER: This is NOT financial advice. This is just my opinions. I am not responsible for any investment decisions that you choose to make. Ivan on Tech is all about cryptocurrencies and the technology behind Bitcoin, Ethereum, Litecoin, Ripple, IOTA. We also cover Bitcoin price, altcoin price, investing, analytics, different altcoins. Ivan on Tech by Ivan Liljeqvist
Views: 28547 Ivan on Tech
Bitcoin's Lightning Network, Simply Explained!
Bitcoin has a 7 transaction/second limit, so how can we overcome this? The Lightning Network is one of the proposals and in this video I'll explain how it works. 💰 Want to buy Bitcoin or Ethereum? Buy for $100 Bitcoin and get $10 free (through my affiliate link): https://www.coinbase.com/join/59284524822a3d0b19e11134 -------------- 🐦 Follow me on Twitter: https://twitter.com/savjee ✏️ Check out my blog: https://www.savjee.be 👍🏻 Like my Facebook page: https://www.facebook.com/savjee -------------- 📚 Sources can be found on my website: https://www.savjee.be/videos/simply-explained/bitcoin-lightning-network/
Should you invest in EOS?
Should you invest in EOS? You'll receive $10 in free bitcoin by signing up with this link http://bit.ly/2oesV41 #1 wallet I use. Keep Your Bitcoin & Ethereum Safe, Cold Storage Wallet: http://bit.ly/2o7BmgW Blockchain Training: http://bit.ly/2nGhdn0 EOS Blockchain is aiming to become a decentralized operating system which can support industrial-scale decentralized applications. That sounds pretty amazing but what has really captured the public’s imagination is the following two claims: They are planning to completely remove transaction fees. They are claiming to have the ability to conduct millions of transactions per second. So, let’s see what is behind all this hype. In this guide, we will talk about everything EOS. However, before we do so let’s WHY we need something like EOS. Let’s answer the following question. https://blockgeeks.com/guides/eos-blockchain/ EOS Blockchain is aiming to become a decentralized operating system which can support industrial-scale decentralized applications.what has really captured the public’s imagination is the following two claims: They are planning to completely remove transaction fees. They are claiming to have the ability to conduct millions of transactions per second Compared to that, Bitcoin manages just 3-4 transactions per second while Ethereum fairs slightly better at 20 Want to help you with your Blockchain Idea? Contact me https://clarity.fm/ameerrosic Blockgeeks YouTube Channel https://www.youtube.com/c/BlockGeeks My name is Ameer Rosic, and I'm a serial entrepreneur, investor, Marketing Strategist and Blockchain Evangelist Blockchain Training: http://bit.ly/2nGhdn0 Blog http://www.Ameerrosic.com Blockgeeks: http://www.blockgeeks.com Facebook http://www.Facebook.com/ameerrosic Twitter http://www.Twitter.com/ameerrosic InstaGram http://www.Instagram.com/ameerrosic
Views: 9653 Ameer Rosic
Coinbase launches crypto debit cards and much more...
Coinbase is doing debit cards linked to their accounts for UK and EU users, the IMF director discusses blockchain and how it is changing businesses, an adult film site takes many forms of crypto as payment, Ripple fans pressure Microsoft to adopt Ripple, and Bitcoin may have 1 million transactions per second by 2021, let’s start the show!
SEC Delays Yet Another Batch of ETF Proposals | Bitcoin Transactions Spike to Over 400K per Day!
#MyTwoSatoshis #BitcoinETF #Bitcoin #SEC Proprietary Bitmex Automated Algo, Transparent performance results available on Trading View - 309% Returns 2018- http://cryptoblood.io/BitmexAlgo -- This this video: Bitcoin transactions have risen to their highest level in more than a year, suddenly spiking to about 400,000 transactions a day. And The SEC has extended its review period of the Bitwise bitcoin ETF proposal, filed in conjunction with NYSE Arca. About Channel: Bitcoin, Litecoin, EOS, and General Cryptocurrency News Coverage! **** **** DISCLAIMER: THE COMMENTS AND OPINIONS SHARED IN THIS VIDEO ARE OF MY OWN, AND SHOULD NOT BE TAKEN AS FINANCIAL ADVISE. PASS PERFORMANCE IS NOT INDICATIVE OF FUTURE RESULTS - DO YOUR OWN RESEARCH AND DO NOT TAKE MY WORD ON ANY CRYPTOs TALKED ABOUT IN THIS VIDEO, I AM NOT A PROFESSIONAL AND DO NOT HOLD ANY FINANCIAL LICENSES.
Views: 554 Crypto Blood

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