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Hedera Hashgraph recently revealed that it supports more than a million transactions per second based on current usage by developers, that's enough to support d

Hedera Hashgraph recently revealed that it supports more than a million transactions per second based on current usage by developers, that's enough to support decentralized servers and open source MMO environments. It uses gossip protocol and a form of voting protocol. 1) Non-technical friendly overview: https://www.youtube.com/watch?v=MzWiiOLv96I https://www.youtube.com/watch?v=MzWiiOLv96I 2) https://www.hederahashgraph.com https://www.hederahashgraph.com

tim333 9y ago
I'm invested a bit in Credits which claims it'll do a million transactions per sec but it's kind of bs - they can do nearly half a million in very limited conditions but in the real world the numbers will probably be far less and I'm a bit skeptical of such claims. I'm not sure that fast is necessary though - credit cards do a few thousand transactions a sec globally so if you can handle that you could potentially at last use crypto to pay for your coffee etc https://medium.com/@viruseslovers45/credits-the-best-blockchain-for-the-financial-industry-2e6335a37de https://medium.com/@viruseslovers45/credits-the-best-blockch...
- SkyMarshal 9y ago
  Yeah, Hashgraph appears to do high tps at relatively small number of nodes, aka will probably work in permissioned/consortium style environment with limited nodes, but whether it can scale in a public environment with unlimited nodes is an open question.
  - KirinDave 9y ago
    You only need to beat like 14 transactions a second to start doubling and tripling bitcoin's average throughput.
zodiac 9y ago
A non sharded public blockchain that doesn't do some kind of validator delegation will always be bottlenecked by a single validators computational capacity, which is on the order of 100-1000. Hedera is really pushing the line on making fraudulent claims here.
- drak0n1c 9y ago
  Hashgraph doesn't use blockchain - look into interviews with Dr Baird if you're interested. MachineZone, the big game company, is now building on Hashgraph: https://www.prnewswire.com/news-releases/hedera-hashgraph-council-announces-public-ledger-to-provide-the-trust-layer-for-the-internet-300613186.html https://www.prnewswire.com/news-releases/hedera-hashgraph-co...
  - zodiac 9y ago
    I am aware of their architecture. How does it circumvent the bound?

tim333 9y ago

I'm invested a bit in Credits which claims it'll do a million transactions per sec but it's kind of bs - they can do nearly half a million in very limited conditions but in the real world the numbers will probably be far less and I'm a bit skeptical of such claims. I'm not sure that fast is necessary though - credit cards do a few thousand transactions a sec globally so if you can handle that you could potentially at last use crypto to pay for your coffee etc https://medium.com/@viruseslovers45/credits-the-best-blockchain-for-the-financial-industry-2e6335a37de https://medium.com/@viruseslovers45/credits-the-best-blockch...

SkyMarshal 9y ago
Yeah, Hashgraph appears to do high tps at relatively small number of nodes, aka will probably work in permissioned/consortium style environment with limited nodes, but whether it can scale in a public environment with unlimited nodes is an open question.
- KirinDave 9y ago
  You only need to beat like 14 transactions a second to start doubling and tripling bitcoin's average throughput.

zodiac 9y ago

A non sharded public blockchain that doesn't do some kind of validator delegation will always be bottlenecked by a single validators computational capacity, which is on the order of 100-1000. Hedera is really pushing the line on making fraudulent claims here.

drak0n1c 9y ago
Hashgraph doesn't use blockchain - look into interviews with Dr Baird if you're interested. MachineZone, the big game company, is now building on Hashgraph: https://www.prnewswire.com/news-releases/hedera-hashgraph-council-announces-public-ledger-to-provide-the-trust-layer-for-the-internet-300613186.html https://www.prnewswire.com/news-releases/hedera-hashgraph-co...
- zodiac 9y ago
  I am aware of their architecture. How does it circumvent the bound?