Proof Point
Crypto assets NEM and TRON can process highest number of transactions per second at current network capacity at 3,000 and 2,000, respectively
Top Crypto Assets Transactions per Second
2018 H1 (number)
Proof Point Findings
- Transactions Per Second – Number of transactions that blockchain networks can process per second at current operating capacity
- Largest Transactions – NEM blockchain can process most number of transactions in second at 3,000, followed by TRON (2,000), Monero (1,700), and Ripple (1,500)
- Lagging Crypto Assets – More popular crypto assets Bitcoin and Ether can handle least amount of transactions per second at 7 and 15, respectively, though network upgrades are being implemented to increase them
- Conventional Payment Technologies – Top crypto assets' blockchain platforms still lagging behind conventional payment technologies Visa and Mastercard, which can process 24,000 and 44,000 transactions per second, respectively
- Key Growth Drivers – Include proliferation of cryptocurrencies and related service providers, growing number of businesses accepting cryptocurrencies, increasing interest in traditional currency alternatives, intensifying cryptocurrency mining activities, improving infrastructure, and enhanced scalability
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Accelerator |
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Sector |
Information Technology
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Source |
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Date Last Updated |
September 28, 2018
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