Quote:
Originally Posted by Azure
Eth 2.0 can handle 100,000 transaction per second.
Visa, Mastercard, Amex are all quite less, though probably capable of more.
The problem is Eth 2.0 seems like a pipedream at this point. Adoption is way to slow, and other networks are capable of that and more.
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If credit card companies needed to, I'm sure they could find ways to scale higher. The limitation currently is only because they don't have a need to spend more for more transactions. Visa does about 1700TPS. Does anyone complain about a transaction backlog as they wait? No.