Aug 27, 2017 · 1 min read
Great article, but you forget a major consensus algo that allows for industrial/commercial scalability. DPOS. It allows Bitshares to process 180k transactions per second, which is more than 5x NASDAQ tx/s.
In addition, EOS will have millions per second if not more, all running on DPOS.
Steem and Bitshares process more tx/day than the top 20 blockchains combined.
ETH was touted at running 400k TX in a single day — congrats but Bitshares Graphene does double daily — routinely.
Perhaps you should look into how DPOS works, and how the scalability you are hoping for is already here, 2 years ago.