05 Feb 2019Average Score 78.8ICOGURU
All blockchains are processing transactions in its core. As more adoption comes to the market, so more transactions will occur and not any blockchain may process such increased number of transactions. For instance, Ethereum blockchain is processing 10 transactions per second (TPS) (according to etherscan.io), Bitcoin blockchain processing only 2.1 TPS (according to blockchain.info). It is very low transaction’s speed in comparison with existing centralized solutions like Visa (24 000 TPS) and to solve the problem of transaction speed, Fantom Foundation has been formed.