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results.tex
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\section{Experience}
\label{sect:results}
The blockchain has slowly attracted more traffic and we can now see over 1000
transactions an hour on busy days (Fig.\ \ref{txs-nrs}).
\begin{figure}[h]
\includegraphics[scale=0.23]{TransactionsDec2019.jpg}
\caption{Transaction status}
\label{txs-nrs}
\end{figure}
This is much below the practical maximum of 117 on-chain transaction per
second. TODO: add source with link to mainnet
The confirmation time of transactions is the time between posting the
transaction and seeing it in a micro-block on chain. We measure this over a
longer time by posting a transaction each 3 seconds carrying the post time as
timestamp in the payload. The micro-block in which this transaction appears
also has a timestamp (set by the clock of the miner). The difference is
observable for everyone, since these are transactions on chain. The mean of
confirmation times is around the expected 3 seconds.