#harmony — A High-Throughput, Low-Latency Public #blockchain Platform for Decentralized Economies
▻https://hackernoon.com/harmony-a-high-throughput-low-latency-public-blockchain-platform-for-dec
A High-Throughput, Low-Latency Public Blockchain Platform for Decentralized EconomiesAs blockchain technology marches forward in its quest for mass adoption, the biggest hurdle it faces is arguably scalability. More and more merchants the world over have warmed up to the possibility of accepting #crypto, particularly Bitcoin and Ether, as means of payment. But if crypto is to be considered a serious contender for a borderless payment solution, then it has to go head-to-head with the prevalent electronic payment services like Visa and Mastercard. And as things stand today, crypto is lagging far behind. Bitcoin can handle less than 10 TPS, while Ethereum can manage up to about 40 TPS on a good day. Compare this to Visa’s daily 2,000 TPS (which can theoretically scale up to ~50,000 TPS), (...)