Transactions Speeds: How Do Cryptocurrencies Stack Up To Visa or PayPal?

[TokenBaby 1,396]

This is not taking Payment Channels into account.

https://howmuch.net/articles/crypto-transaction-speeds-compared

 

[mrongey 99]

My understanding is that Ripple can also scale up even further.

[TokenBaby 1,396]

14 minutes ago, mrongey said:

My understanding is that Ripple can also scale up even further.

Hence, "this is not taking Payment Channels into account."

[Guest1 2,723]

Isn't the VISA speed of 24,000 TPS based on their own own payment channel though?

[Skippy 2,099]

8 minutes ago, Byrd said:

Hence, "this is not taking Payment Channels into account."

I think he means the + in "1500+" and the fact Stephan Thomas had said Ripple wants a bigger number. 

[benstr 110]

We don't need to 'take out' Visa. Gain broader acceptance through cheaper transaction cost. This gives merchant reason to offer customers with a choice. Last I check Visa cannot process cryptos.  Maybe they will one day? 

Edited January 11, 2018 by benstr

[XRPisVELOCITY 10,712]

Strange that Jack Ma invested in startup Symbiont, (which looks like it can do much better than Visa).   Isn't the rumor or "connecting the dots", that jack, and money gram have connection and of course ripple has a connection to them in one way or another.  Giving me a headache.  I'll leave this to the experts.  Uhg

Edited January 11, 2018 by 1todd960

[XRPisVELOCITY 10,712]

Look at bitcoin over on the right.  Get your magnifying glass out.  

[Dblase 53]

If I'm not mistaken brad said payment channels can do 70,000+ TPS.