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According to Bloomberg they were processing over 1/4-million transactions per second. What are they doing that Bitcoin and Ethereum can't do? https://www.bloom

According to Bloomberg they were processing over 1/4-million transactions per second. What are they doing that Bitcoin and Ethereum can't do? https://www.bloomberg.com/news/articles/2017-11-10/alibaba-singles-day-racks-up-1-billion-in-sales-in-2-minutes https://www.bloomberg.com/news/articles/2017-11-10/alibaba-s...

anamexis 9y ago
Not running transactions against a massively distributed blockchain using a proof of work system?
- SCAQTony 9y ago
  Hmm, So ultimately centralization is demonstrably better for transaction per section?
  - Drdrdrq 9y ago
    Being able to trust all the machines in the network allows you to perform better, yes. What is your point?
deleted 9y ago
[deleted]
imron 9y ago
> What are they doing that Bitcoin and Ethereum can't do? Processing over 1/4-million transactions per second.
onlyrealcuzzo 9y ago
Um, not requiring a Proof of Work / Proof of Stake?
- SCAQTony 9y ago
  I guess the proof of stake is the credit card validation and the charges and fees are settled a day or two later?