Monday, February 12, 2018

Cryptocurrencies Transaction Speeds Compared to Visa & Paypal


Cryptocurrencies Transaction Speeds Compared to Visa & Paypal


The above picture shows how many transactions can be performed in one second. The larger the balloon, the faster the system and more transactions their payment network can process per second.

It was surprising to see Ripple come in second and beat out PayPal by a whopping 1,307 transactions per second. This shows that Ripple may have the capability to be a viable payment solution on a much larger scale.

Source: HowMuch.net