EOS flipped it over.
More than 200'000 transactions and not even breaking a drop of sweat.
Bitcoin at 40%
Many who already understood the superiority of the Delegated Proof Of Stake {DPOS} blockchain technology forsaw this to happen. And today EOS was the third DPOS type blockchain to flip Bitcoin over. Spot 4 was lost and taken over by the newcomer. If there is indeed a correlation between the amount of transactions per day and the price on the Cryptos market, then things look good for EOS.
Those who have been following how, mainly, Bitcoin fanatics responded to the popularity of EOS lately, might have seen this mainly as being fear induced. Same as Bitshares and Steem were treated. Except that DPOS blockchains like Bitshares, Steem and EOS are highly respected on the far eastern part of the world. On some top 30 list EOS is considered the number 1, Ethereum second, Steem is a 7th and Bitshares at number 8. Bitcoin is ranked at 17...
Now of course that hurts the hardcore Bitcoin fanatics. First ignoring, then laughing at and after that attacking, Bitshares, Steem and EOS. All that time DPOS type of blockchains kept proving how clever Delegated Proof Of Stake was constructed. Where some from the Bitcoin realm kept their future in the stone-age, by going for big chunky blocks, every 10 minutes. Wont even mention that brand anymore...
10K per second?
Fast blocks with plenty of room, that seems the best way to go about it. Could blockchains like Bitshares, Steem and EOS go towards 10'000 or more transactions per second? If one kind of blockchain could do it that would be the one invented by Daniel Larimer. And yes, I know some find it difficult to understand how developers are not supposed to be married to a project. Yet a builder does not stay around after he is finished building your house, right? Those who stay in one job, behind a desk for life, are probably not innovative inventors that make progression on their projects.
"Yes, but the holy whitepaper of Bitco ...", Oh please shove it up there with all the rest of the shait big blocks forever, forever big blocks arguments are! Enough already, some have warned all these 'keep Bitcoin pure' fanatics, over and over again. They do not want to listen? Fine, let them experience it then. Imagine what would happen if Bitshares, Steem or EOS jumped to number 1, 2 or 3 on the Crypto currency market. Wont happen? Well the next few days might already show a different picture...
Still using Dogecoin, yes.
By the way, I do have some BTC, LTC and yes DOGE. While the Litecoin and Bitcoin in my portfolio just sit there catching dust, like a pile of silver and gold bars in a safe. DOGE is being used as the digital equivalent of cold-hard-cash. Besides some Komodo and Gulden, NLG. The last one coming up, tomorrow the 28th of june 2018, with a fast and new improvemed protocol. (Also I can use NLG in nearby city of Groningen for payment.)
Where I do not need an account registration and complex password confirmation to use DOGE and NLG, blockchains like Bitshares, Steem and EOS do. In that way the more or less replace banks and other related financial institutes. But it might become easier to use BTS, STEEM and EOS for fast and cheap, or free, transactions.
This might be done by encrypting the needed private key to sign transactions. Maybe unlocking it by a fingerprint or irisscan, or a 6 digits number maybe, or a password by choice. Where after the private key is erased from memory right away. This would be like we are being used to with the banking system. It could even fit on a creditcard. But probably will work on a smart phone just as well. Still exciting times to come.
May the Cryptos be with us!
Look, EOS flipped over BTC in transactions!
Screenshot taken at http://blocktivity.info