When Ethereum will be able to handle a million transactions per second?
Source:
Even the red market should not be a hindrance to the development of cryptocurrencies. Recently started its popularity both among miners and among ordinary investors. The reason for that is strong to drop coins from the beginning of this year. However, the Foundation is your ACE in the hole, which soon will help to regain the support of the audience.
theNew cryptodomes
Programmers have set ourselves a very difficult task — a million transactions per second on Ethereum. To achieve such numbers, you can use Raiden Protocol Network.
The First version is already available on the RDN mandate called Red Eyes. Information about this appeared in Twitter developer accounts Raiden Network. At the moment, the Protocol is still under alpha testing. Programmers were also asked users to be extremely cautious in testing the RDN and use protection for its nodes.
We are pleased to announce that the first release of Raiden Network is already available on mannete Ethereum. Red Eyes is still at an alpha stage test.
Now, developers can open the channels in the Protocol and carry out fast transactions in Ethereum. The main goal of the current phase of work is to test smart contracts and the core Protocol.
RDN is very similar to the Lightning Network . In the future the Protocol will be able to afford to spend more than one million transactions per second ETH. Such an upgrade needs to lift the mood, cryptocommunist and attract new major investors in Ethereum.
Source: Crypto101
AMBCrypto Experts believe that without proper scalability network Broadcast simply cannot compete with new projects in the future. As an example, analysts cite the work load of Ethereum during its peak of popularity CryptoKitties. Competitors Ethereum Foundation this fact is the main vulnerability of the project to fight for the title of the most decentralized cryptocurrency.
What do you think? Always interesting to hear the opinion .
Recommended
the long-awaited summer. Niche cryptocurrency supported the event and gave unusually hot week. During the last seven days, we learned about the new line of graphics cards from AMD, the mining in TON and hard forks . In addition dealt with the profita...
Co-owner Bitcoin.org Coinbase Pro ridiculed and called a stock exchange Scam
co-Owner Bitcoin.org and most popular forum about cryptocurrency Bitcointalk.org Cobra called Coinbase Scam Pro trading platform American crypto currency exchange Coinbase. In his tweet he wrote «if you read Coinbase Pro backwards, get the word ...
The Ethereum is a cryptocurrency Scam. A new report Chainalysis
When people learned how to create a new cryptocurrency and began to build their infrastructure like marketplaces, in the field began to appear and fraud. According to blockchain auditor Chainalysis for the past two years, fraud in the ecosystem has s...
Related News
VEB and the Grozny mayor's office transferred the housing sector on the blockchain
In February, the first Deputy Chairman of VTB Olga Dergunova positively the prospects of the blockchain. According to her, the technology will improve the speed of transactions and security standards. To move from words to action ...
Hacker 1337. How to hack Etherscan not to cause any harm
Monday on the website Etherscan.io appeared a pop-up message with the numbers 1337. The visitors began to panic and spread rumors about hacking Explorer. really hacked, but the damage from a hacker attack was zero. About it writes...
The tide is turning. Visa begins to redeem payment services, working c Ripple
the Us payment services giant has acquired the payment network for cross-border transactions Earthport Plc. The London company was founded in 1997 and provides services cross-border payments for banks and financial institutions. W...
Bitcoin will rise to 333 thousand dollars after halving. Why this is not fiction
Kryptonyte full of eccentric personalities, predictions, and startups. Just think of John McAfee, who enjoy a taste of your own genitals, if you do not grow to a million dollars by the end of 2020. Although the prediction of the m...
Mysterious castle: Cihan Mikri Wu and Zhang are leaving leadership positions in Bitmain
News 8Btc reports that on 28 December, two of the CEO of Bitmain Jihan Wu and Mikri Zhang resigned from the company. Their place will be a man named van, who joined the manufacturer the day before. According to the insider, this i...
Who would have thought: hundreds of cryptoprocta any signs of plagiarism and fraud
on the Eve of the Wall Street Journal published the results of a study in which hundreds of cryptocurrency projects have shown signs of fraudulent activity, nonexistent income and plagiarism. In the course of research analysts WSJ...
Bitcoin falls below $ 3,000. The forecast of the former Minister of Finance
according to the newspaper HKET, triptolide over the last 12 months has lost about 80 percent from its historic high. However, former Finance Minister of Hong Kong Chan, Ka-kun said that the price will fall even below 3 thousand d...
Charlie Lee: halving of Bitcoin will not affect the value of the cryptocurrency
We are already halfway to the next rewards for mined block of Bitcoin. In cryptocommunist every day there are new assumptions about the possible impact of Kalinga on . Recall, the event itself will be held at 630 000 block around ...
Hardware wallets are threatened. The alarming results of a new study
the conference 35C3 Refreshing Memories, a group of researchers demonstrated the procedure of hacking One best wallet, the Ledger Nano's and Ledger's Blue, and on 27 December a video posted on the web. Team hacking project Wallet....
Christmas miracle: what is involved in the growth of Bitcoin at the end of December?
Christmas party was a real surprise for captainvalor — just a few hours increased by $ 280. Perhaps a short break traders gave Santa. This increase is very often seen in the traditional markets where assets are rapidly becoming mo...
Bitcoin does a new competitor. Bullrun in 2019 can start with a Ripple
for a long period of time shows a flat graph. Only by the end of 2018, the space began to fill a long-awaited headlines about the success of the company, including new partnerships with major financial institutions. Furthermore, ...
Down again: Bitcoin might fall back to $ 3,500 in the near future
Every day, which is held below the line of the 3800 dollars, increases the probability of new strong draining cryptocurrencies. Now it is under bearish pressure. If rollback is just above and will take place, it is unlikely that t...
Analyst: if Bitcoin falls below $ 3,200, hodlers have to get away
earlier, former economist at the International monetary Fund mark DOE publicly that closes the shorts . Short position Dou was opened almost at the peak of the price of the cryptocurrency. The expert explained that twice already t...
It is a failure: Electrum suffered from a phishing attack. Hackers stole bitcoins 243
Cryptocurrency wallet Electrum has become the new target of hackers. This time the attackers managed to steal approximately $ 243 bitcoins, which is about 937 thousand dollars on the current exchange rate. The project team confirm...
The court CEO's notorious Mt.Gox Mark Karpeles is about to end. Why wait?
Born in France on trial in Tokyo. The case involves charges of embezzlement of about 3.1 million US dollars and fraud in the management of the infamous exchange Mt. Gox. Former CEO of the now closed exchange in the last word at th...
Analyze graphs: Tron is going to make it before the end of this week
the Second half of December brought some relief to investors — the stock market turned green again, and they had hope at least for a short bullrun. In this situation, displayed well — cryptocurrency is still holding above the majo...
Not lucky: Korean court acquitted Bithumb the claim of the investor who lost 355 thousand dollars
according to The Korea Economic Daily, Korean crypto currency exchange Bithumb won a court case in which the investors accused the company of losing money owing . According to the report, 30-year-old civil servant An Park spoke ab...
Go to the bottom: ICO leaked a record number of Ethereum this month
CryptoStream can not end. They still stubbornly cling to life and merge with the remnants of their funds, to somehow keep their companies afloat. This month, team ICO sold a record number of coins — 420 000 ETH. However, in dolla...
Bitmain dismisses 80 percent of their employees. How will this affect the stock market?
according to rumors, the main manufacturer of equipment for mining Bitmain may soon run out of money. If the company does go bankrupt, the Bitcoin exchange rate Cash and strong collapse. CSO Blockstream Samson MOU said that the la...
As businesses start to accept bitcoin? The complete guide
Due to the spectacular growth of Bitcoin prices in the past year, cryptocurrencies have attracted considerable public interest. They invest cash and human resources of a large Corporation, but experts are saying that coins a futur...
Comments (0)
This article has no comment, be the first!