Tes
Performance is one of the major challenges facing blockchain technology today. The blockchain which uses Bitcoin designed to handle seven transactions per second, and Ethereum only can handle a few more. In December 2017, a simple CryptoKitties application can slowing down Ethereum and increasing transaction costs dramatically. Current consumer applications should be able to handle tens of millions of active users every day. Other than that, some applications will only become meaningful when a critical mass is reached. The platform itself should able to handle a large number of concurrent users. A good user experience demands a reliable response with only a second delay sub. longer delays to thwart users and create applications built on blockchain less competitive with nonblockchain alternatives available. PROBLEMS WITH TODAY BLOCKCHAINS Blockchain technology is still in its infancy. There are many problems preventing the developer and business from creating broad, decentra