TPS Report #6: The Stratification
Comparing the tx throughput of STEEM, BTS, ETH, and BTC blockchains.
STEEM is looking good. Witnesses will soon have to increase block size.
New Records
| Transactions | Date | Rate | Previous Record | |
| STEEM | 1,581,130 | 2018-01-05 | 18.30 tps | 13.05 tps |
| BTS | 1,135,238 | 2018-01-16 | 13.14 tps | 11.55 tps |
| ETH | 1,349,890 | 2018-01-04 | 15.62 tps | 12.64 tps |
| BTC | 490,644 | 2017-12-14 | 5.68 tps | no change |
Here's the big-picture view.
Sources:
last I heard Steem was running at 11% 'strain' on the system
Why do you think that the blocksize would need to be increased?
The current max blocksize is 64kb. The system attempts to maintain block fullness at around 25%, or 16kb. Over the last few weeks we've been teetering on the 16kb line, hence the bandwidth issues. So at this point witnesses can grant users more bandwidth by increasing max block size. Witnesses may choose to not increase max block size if they are concerned about scalability. The cost to this is that users will get turned away.
aww...too bad.
What's too bad? Everything is working as designed, the main issue I see is that the bandwidth reserve ratio needs to be stabilized. And witnesses are handling this scale just fine so I don't foresee any issues with a block size increase soon.
that's what I meant
we RILLY need a sarcasm font!
We’re not breaking a sweat at still well under 1% capacity. Maybe crazy to already be thinking this way but at what point does scalability become an issue?
Scalability is an iterative process, the trick is to stay ahead of the growth curve.
This is incredible. Bitcoin really does look like Netscape sometimes.
Just wanna thank for your contribution in maintaining Steemd.com. I've been using it daily, but realized that I should have pay a credit to you much earlier. You got my witness vote, you rock man!
God, I wish I knew more about the inner workings of all this stuff. lol
A big goal for steemit.com is to make sure users don't have to know anything about the internals of the blockchain. That's what sets steem apart from other chains. Still, improvements can be made.
That's really comforting, actually. I kinda felt like I was being an ignorant twat for not understand/learning how the blockchain stuff works, but if it's designed for people like myself, I'd say it's working fantastically. Kudos to you guys and gals making it hum. I'm just about 100% weened off of FB these days. This place is gonna be huge.
I wonder how this will be when SMTs are launched. It could make for some very sudden growth in transactions.
What's SMT ?
'Smart media tokens'. From my understand it is the possibility for anyone to build their own steem like token upon the steem blockchain. Check out @neds blog for more info.
It's very likely that SMTs will be a big contributor to tx growth.
Is it just me, or do charts like this get you all excited as well? I can see who worlds within these. I look forward to your next update.
Congratulations @roadscape, this post is the third most rewarded post (based on pending payouts) in the last 12 hours written by a Superhero or Legend account holder (accounts hold greater than 100 Mega Vests). The total number of posts by Superhero and Legend account holders during this period was 36 and the total pending payments to posts in these categories was $3085.64. To see the full list of highest paid posts across all accounts categories, click here.
If you do not wish to receive these messages in future, please reply stop to this comment.
wooow
Steem is showing its magic.Steem will go up and thanks for the post.@upvoted