Ethereum update: Can Ethereum compete with a commercial blockchain, which has 100,000 transactions per second?
In the following article, a Korean giant telecommunication company has developed a commercial blockchain, which currently has 2,500 tps and will be 100,000 tps by the end of 2018.
[https://www.ccn.com/south-korean-mobile-telecom-giant-launches-2500-txns-s-commercial-blockchain/](https://www.ccn.com/south-korean-mobile-telecom-giant-launches-2500-txns-s-commercial-blockchain/)
I know that a tps is not the only factor valuing blockchains, but I do not know what advantages public blockchains such as Ethereum, NEO and Qtum have over such a high tps blockchain.
About Ethereum
Ethereum is a decentralized platform that runs smart contracts: applications that run exactly as programmed without any possibility of downtime, censorship, fraud or third-party interference.
Author: honeysyd
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