Ripple update: 1500 TPS / Is this actually enough for mass adoption? What is up with Cobalt?
Is it just me or is anyone wondering: 1500 Transactions Per Second…is that enough?
With more and more adoption it is inevitable that this would hit a wall. Visa can do 24k TPS and they “crashed” few months ago.
Is the “Cobalt” technology helping this out? Why don’t we get more information on this topic? Is this not a problem?
What do you think?
About Ripple (XRP)
Ripple connects banks, payment providers and digital asset exchanges via RippleNet to provide one frictionless experience to send money globally. Banks and payment providers can use the digital asset XRP to further reduce their costs and access new markets. XRP is the fastest and most scalable digital asset today.
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