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How many transactions per second (TPS) can darkcoin do?

darkred

Active member
Looks like a current limitation in Bitcoin is that it can only do about 7 TPS.

See https://en.bitcoin.it/wiki/Scalability for this line:

Current bottlenecks
Today the Bitcoin network is restricted to a sustained rate of 7 tps due to the bitcoin protocol restricting block sizes to 1MB.

Does darkcoin have this same limitation?
 
I am interested in this too. Possibly if this "limitation" was removed then it could increase transaction speed in certain situations, maybe.
 
Darkcoin can do around 30 Transactions per second (on average) as it has a faster block speed.

We are already discussing internally the blocksize issue as it is currently heavily discussed in the bitcoin community.
 
Also, 7tps is the ideal maximum with only minimum sized transaction, its around 3 to 4 tps with the current average transaction size (the first time I heard that 7tps figure was from Tony Gallippi in the US senate hearings late 2013).

The discussion on Bitcoin's limit is... well, the reason its getting spammed by so many vehemently against raising the limit who have little of no knowledge of the pros and cons of the argument is as curious as the technical aspects involved, a tinfoil hat is no longer needed to see someone has an agenda but its hard to know what it is, they're doing more to drown out the justifiable reasons to keep blocksize small and discredit anyone else on that side of the arguments than anything else.

Anyway, that's kind of beside the point. A few thoughts after doing a lot of digging on the issues, fees should be based on data usage, the size of transactions and that should extend to allowing data to be transported, various reasons for that but the main one is all this Internet of Things stuff, the 'Things' need somewhere secure to exist. That means different chains for different things, fast, cheap, secure, pick any two, that in turn needs interoperability between chains and transactions able to exist and function as independent entities so a compact language common to all chains for that data may be a step forward.
 
This is irrelevant. With the Masternode Quorum system of Evolution, which should be ready in a few months, we will be able to handle as many as needed. What was the guesstimate, with 3000 masternodes? 1700 transactions a second? Since we're nearing 3500 masternodes now, and the whole system is divisible, doubling the number of MNs if we cut the requirement in half, there is no reason to think we would run out of space before it's implemented. Boy wouldn't it be nice if we had that problem though, eh? LOL. So basically, when the first version of Evolution comes out, we will be able to compete with Visa, if we needed to (we'd have to halve the requirement to double the number of MNs) But this will make Dash YEARS ahead of itself as far as need goes, I think. However, if people jump on board because the world's financial infrastructure is a sinking ship, it may be needed?

Anyway, this is a non-issue for Dash.
 
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