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Innhold levert av Security, Privacy, Risk, Crypto, & Fintech. Alt podcastinnhold, inkludert episoder, grafikk og podcastbeskrivelser, lastes opp og leveres direkte av Security, Privacy, Risk, Crypto, & Fintech eller deres podcastplattformpartner. Hvis du tror at noen bruker det opphavsrettsbeskyttede verket ditt uten din tillatelse, kan du følge prosessen skissert her https://no.player.fm/legal.
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Manage episode 207259657 series 2087172
Innhold levert av Security, Privacy, Risk, Crypto, & Fintech. Alt podcastinnhold, inkludert episoder, grafikk og podcastbeskrivelser, lastes opp og leveres direkte av Security, Privacy, Risk, Crypto, & Fintech eller deres podcastplattformpartner. Hvis du tror at noen bruker det opphavsrettsbeskyttede verket ditt uten din tillatelse, kan du følge prosessen skissert her https://no.player.fm/legal.
Blockchains suffer from scaling issues. This is due to the fact that every transaction has to be propagated to all the nodes in the network and after propagation is complete the mining activity to create a block and provide a confirmation. In bitcoin blockchain a confirmation can take about ten minutes. When it comes to the security of a blockchain the number of nodes is directly related to the security of the blockchain, more nodes mean better security. Whereas the performance is indirectly proportional whereby as the number of nodes increases the blockchain starts to slow down as the transactions need to be propagated to more nodes. Transactions Per Second (TPS) for some blockchains are: • Bitcoin Blockchain processes 7 TPS • Ethereum processes 13TPS • Ripple processes 1500 TPS • Visa processes 1700 TPS, if required the system can process up to 56000 TPS
  continue reading

17 episoder

Artwork
iconDel
 
Manage episode 207259657 series 2087172
Innhold levert av Security, Privacy, Risk, Crypto, & Fintech. Alt podcastinnhold, inkludert episoder, grafikk og podcastbeskrivelser, lastes opp og leveres direkte av Security, Privacy, Risk, Crypto, & Fintech eller deres podcastplattformpartner. Hvis du tror at noen bruker det opphavsrettsbeskyttede verket ditt uten din tillatelse, kan du følge prosessen skissert her https://no.player.fm/legal.
Blockchains suffer from scaling issues. This is due to the fact that every transaction has to be propagated to all the nodes in the network and after propagation is complete the mining activity to create a block and provide a confirmation. In bitcoin blockchain a confirmation can take about ten minutes. When it comes to the security of a blockchain the number of nodes is directly related to the security of the blockchain, more nodes mean better security. Whereas the performance is indirectly proportional whereby as the number of nodes increases the blockchain starts to slow down as the transactions need to be propagated to more nodes. Transactions Per Second (TPS) for some blockchains are: • Bitcoin Blockchain processes 7 TPS • Ethereum processes 13TPS • Ripple processes 1500 TPS • Visa processes 1700 TPS, if required the system can process up to 56000 TPS
  continue reading

17 episoder

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