FX.co ★ Three cryptocurrencies with an extremely high transaction rate

At the present time, assessing the market of digital currencies, experts pay attention to the transaction rate of each of them. Leaders of this segment in the cryptocurrency market are three virtual means of payment: Ripple, NEM, and RaiBlocks. Let us take the particularities of these digital currencies.

RaiBlocks

The palm of victory in terms of the transaction rate is kept by RaiBlocks. It is still little known in the cryptocurrency sphere, however, experts predict its promising future. RaiBlocks is characterized by a record speed – 7,000 operations per second. When working with this digital currency, developers use the block-lattice structure, thus making changes in the chain of accounts instant. This significantly increases the network capacity of RaiBlocks.

NEM

The second position in terms of the transaction rate goes to NEM. The developers of the virtual currency aim to solve one of the most important problems – to integrate the blockchain technology into modern corporate network. The transaction rate in the NEM network reaches 4,000 operations per second.

Ripple

The third place of honor in terms of the transaction rate is taken by the Ripple digital currency, which is now familiar to all the cryptocurrency community. It is becoming increasingly attractive, experts predict its significant growth by the end of 2018. The frequency of transactions in the Ripple network is also rather high – 1,500 operations per second.