My presentation at https://crypto-assets-conference.de/ in Frankfurt, Germany on 26 Feb 2019. Covers blockchain performance samples, scaling solutions and stable/fiat tokens.

1. Scalable Blockchain Payments
@meinharrd
v4

2. Recap

3. 800 blockchains + 1100 tokens
Source: coinmarketcap.com

4. Cambrian explosion

5. Mainstream: 0

6. 3-4m regular users
Source: University of Cambridge

7. Killer app?

8. Speculation

9. Speculation Diversification

10. Coin/Token Offerings

11. Peer-to-peer venture capital

12. Programmable money

13. Programmable money

14. €150bn industry

15. Blockchain Trilemma

16. Security Scalability
Decentralisation
Choose two!

17. Scalability

18. #1 metric: network transactions

19. On-ledger vs off-ledger

20. Bitcoin
Ethereum
Ripple
Stellar

21. Tx/s
Bitcoin 4
Ethereum 20
Ripple 1500+
Stellar 2000+

22. Tx/s €/Tx
Bitcoin 4 0.30
Ethereum 20 0.11
Ripple 1500+ 0.0004
Stellar 2000+ 0.000001

23. Tx/s €/Tx Time
Bitcoin 4 0.30 3600s
Ethereum 20 0.11 15s
Ripple 1500+ 0.0004 4s
Stellar 2000+ 0.000001 5s

24. Proof of
work
(mining)
Tx/s €/Tx Time
Bitcoin 4 0.30 3600s
Ethereum 20 0.11 15s
Ripple 1500+ 0.0004 4s
Stellar 2000+ 0.000001 5s

25. Proof of
work
(mining)
Proof of
stake
(pre-mined)
Tx/s €/Tx Time
Bitcoin 4 0.30 3600s
Ethereum 20 0.11 15s
Ripple 1500+ 0.0004 4s
Stellar 2000+ 0.000001 5s

26. Proof of
work
(mining)
Proof of
stake
(pre-mined)
Tx/s €/Tx Time
Bitcoin 4 0.30 3600s
Ethereum 20 0.11 15s
Ripple 1500+ 0.0004 4s
Stellar 2000+ 0.000001 5s

27. Proof of
work
(mining)
Proof of
stake
(pre-mined)
Tx/s €/Tx Time
Bitcoin 4 0.30 3600s
Ethereum 20 0.11 15s
Ripple 1500+ 0.0004 4s
Stellar 2000+ 0.000001 5s
Visa 56k 0.09 + 1.5% <1s

28. Off-ledger

29. Second layer

30. Lightning networks

31. Side/child chains

32. Miiiillions of tx/s (to ∞)

33. Complex trust models

34. Not production-ready

35. Consensus mechanisms

36. Delegated Proof-of-Stake (DPOS)

37. Byzantine Fault Tolerance (BFT)

38. Fiat tokens

39. Blockchain versions of EUR, USD etc.

40. EURT: Euro on Stellar, via Tempo (France)

41. Direct SEPA gateway

42. All advantages of blockchain

43. Low volatility

44. €2bn+

45. Cryptocurrency for fees

46. Regulatory uncertainty

47. IBM and central banks: official fiat tokens

48. Conclusion

49. Scalability systems maturing

50. (D)POS has most traction

51. Look forward to scalable payments in 2019!

52. @meinharrdQuestions?