Sentences with phrase «standard ethereum transaction»
Not exact matches
At the moment, Ethereum can handle about 13 transactions per second, which cuts in half to about 7 transactions per second for tokens (4.7 m gas limit, 21k avg gas price for standard txn = ~ 220 standard txns every block, current avg block time 17s = 13 txns / sec, gas requirement roughly doubles for token transactions).
https://medium.com/
Coinnec is a blockchain powered anonymous decentralized platform with personalized token based on Ethereum's smart contract ecosystem for transactions with ERC20 standard.