![kalie linux ethereum light node kalie linux ethereum light node](https://ethereum.org/static/47d8930ceed4a270e55737d7740bcf9c/cf4cc/client-diagram.png)
So, it needs to be seen, which of these technologies can prove itself resilient and performant. However, it needs to be said that scalability usually goes at the cost of decentralization and security. Other notable cryptocurrencies besides IOTA and Bitcoin are Nano with 7,000 TPS already tested, Dash with several billion TPS possible with Masternodes, Neo, LISK and RHOC with 100,000 TPS by 2020, Ripple with 50,000 TPS, Ethereum with 10,000 with Sharding. With its Lightning network recently launched, Bitcoin is realistically looking at 50,000 possible soon.
![kalie linux ethereum light node kalie linux ethereum light node](https://cleversuper784.weebly.com/uploads/1/2/5/3/125321290/516398502.png)
Currently, 8 billion devices are connected to the Internet. This is the benchmark that cryptocurrencies should be aiming for. This brings me to IOTA, which wants to connect all 80 billion IoT devices that are expected to exist by 2025, which constantly communicate with each other, creating 80 billion or more transactions per second. estimating the number of emails sent in 1990 based on the number of faxes sent wasn’t a good estimate.įor that reason, 10,000 TPS is the absolute baseline for a cryptocurrency that wants to replace FIAT. However, a ground breaking technology should not look at current technology to set a goal for its use, i.e. That means that this cryptocurrency would need to be able to perform at least several thousand TPS. In order to replace all FIAT, it would need to perform at at least VISA levels, which usually processes around 3,000 TPS, up to 25,000 TPS during peak times and a maximum of 64,000 TPS. The coin that will achieve that will be worth several trillion dollars.īitcoin can only process 7 transactions per second (TPS). Its goal is to replace dollar, Euro, Yen, all FIAT currencies worldwide. īefore we look at the individual markets, we need to take a look of the overall market and its biggest issue scalability first:Ĭryptocurrencies aim to be a decentralized currency that can be used worldwide. Coins written in bold are the strongest contenders within their market either due to having the best technology or having a small market cap and still excellent technology and potential. You can also sort by all of these fields of course. Here is a complete overview of all coins in an excel sheet including name, market, TPS, risk profile, time since launch (negative numbers mean that they are launching that many months in the future) and market cap. Which markets do you think will play the biggest role in the coming year? Interestingly, I noticed that all coins can be categorized into 12 markets. I am putting together my investment portfolio for 2018 and made a complete summary of the current Top 100.