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stockvaper

07/26/20 9:38 AM

#17168 RE: ceaa #17148

DeFi my friend. :-)
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stockvaper

07/26/20 9:56 AM

#17170 RE: ceaa #17148

Ethereum Blockchain Performance vs Ripple

Keep in mind, Ripple announced they are entering into DeFi. (Smart contracts, etc.) Meaning ETH will have a direct competitor.

"Ethereum uses a public blockchain, which means anyone, any time can become a node of the network. Ethereum has a block generation time of 15 seconds which makes it nearly 4 times slower than Ripple. During January 2018, its transaction fees went up to $4, which makes it impractical for microtransactions.

The main problem that Ethereum is facing is the lack of scalability. Ethereum can only do 15-20 transactions per second, which is absolutely abysmal when compared to Ripple. Ethereum is currently working on layer-1 and layer-2 scalability techniques like sharding, Raiden, and Plasma to help rectify this situation."

Ethereum's time is limited. tic toc

https://blockgeeks.com/guides/ripple-vs-ethereum/#:~:text=Ethereum%20uses%20a%20public%20blockchain,4%20times%20slower%20than%20Ripple.&text=Ethereum%20can%20only%20do%2015,abysmal%20when%20compared%20to%20Ripple.