Things have moved very quickly since this was true. For comparison, [1] Visa claims at it's maximum to achieve 24,000 transactions per second (tps), and Master

Things have moved very quickly since this was true. For comparison, [1] Visa claims at it's maximum to achieve 24,000 transactions per second (tps), and Mastercard 5000. The work on the Bitcoin Lightning Network is moving ahead to help achieve [2] "approximately 1 million transactions per second." Another crypto currency in use today is Solana. That runs at around 50,000 tps, beating the higher end of today's credit processing networks. [1]: https://utilli.com/2021/04/26/the-lightning-network-is-poised-to-disrupt-utility-payments/ https://utilli.com/2021/04/26/the-lightning-network-is-poise... [2]: https://www.kraken.com/en-us/learn/lightning-network https://www.kraken.com/en-us/learn/lightning-network