3 ms·
> Blocks will need to be ~5TB to match Visa transaction volume. No, it's on the order of 3 gigabytes. Visa claims they can handle up to 25k Tx/s. 226 B / Tx.
by pitaj 8y ago
> Blocks will need to be ~5TB to match Visa transaction volume.
No, it's on the order of 3 gigabytes. Visa claims they can handle up to 25k Tx/s.
226 B / Tx. 600 sec (10 min) per block.
(25000 Tx / s)(226 B / Tx)(600 s / block) = 3.39 • 10^9 B / block
Visa normally handled around 2k Tx/s, which would only require a few hundred megabytes per block.
- democracy 8y agoRe Visa TPS: *Source: 50,000 transactions per second, as of July 15, 2017 [https://ripple.com/xrp/ https://ripple.com/xrp/]