00:06 <stellar-slack> <eva> I’m pretty into the puns. Cool, will see you around!

02:33 <stellar-slack> <dzham> I’ve seen around 7 tx/s mentioned a couple of times… 1000 tx/block (on average), 10 minutes per block (on average) -> 1.6 tx/s

02:34 <stellar-slack> <dzham> that’s the current rate

02:36 <stellar-slack> <dzham> tx/block is limited by the blocksize (1Mb), and the average size of a transaction.

09:00 <stellar-slack> <rippledigital> Be good to see some Ripple/Stellar benchmarks.

09:00 <stellar-slack> <rippledigital> OpenLedger claims 100,000 tx/sec

09:56 <stellar-slack> <sacarlson> the only estimated specs of transactions I've seen is about 1000 tx/sec but I think that was speeds measured on the older system stellard as seen here https://stellartalk.org/topic/5988-last-weeks-outage-recap-by-jed/ my guess is it is as fast or faster than that now

09:58 <stellar-slack> <sacarlson> from my experience I can tell you that it takes only 4 - 6 sec to get a validated transaction into the system and that there is a maximum of 3600 tx per hour per user limit on usage of the horizon system

10:00 <stellar-slack> <dzham> That’s BitShares 2.0, right?

10:00 <stellar-slack> <dzham> They did a lot of interesting things to make things move fast

10:05 <stellar-slack> <sacarlson> I'm not sure it seems to be just a comment with no reference as to where the number came from other than the name Dave https://stellartalk.org/topic/5988-last-weeks-outage-recap-by-jed/#entry59123

10:06 <stellar-slack> <sacarlson> "Dave estimated 1k tx/s ~2y ago at test."

10:32 <stellar-slack> <fredolafritte> OpenLedger claims 100,000 tx/sec, it's a claim ....

10:33 <stellar-slack> <fredolafritte> they are claiming so much that it becomes almost ridiculous

10:33 <stellar-slack> <fredolafritte> OpenLedger is mostly vaporware

10:35 <stellar-slack> <dzham> And now, for something completely different... If it wasn't for the obvious trademark infringement, Lumens ought to have been called "star bucks".

10:45 <stellar-slack> <raymens> :)

10:46 <stellar-slack> <raymens> I don't think Stellar would like to be referenced with that bad coffee (read: sugar) abominations they serve

10:48 <stellar-slack> <dzham> But that’s the thing, it doesn’t make any sense at all to name a coffee chain after a type of intergalactic money, whereas for Lumens it totally makes sense.

10:50 <stellar-slack> <raymens> Agreed

11:47 <stellar-slack> <sacarlson> from a quick look at openledger it looks they have may similar features to Stellar. A quick look at the website looks like they are a stake based consensus algorithum. there chain tick looks to be a bit faster at about 2 - 3 seconds instead of 4 - 6 but not really sure. one thing I like is there federated unique user account names that. where Stellar has a domain location it is not fixed on being unique s

12:28 <stellar-slack> <dzham> https://bitshares.org/technology/

12:54 <stellar-slack> <sacarlson> thanks dzham I'm checking it out

23:05 <stellar-slack> <jesse> is there a reason Stellar is asking for cash donations rather than selling XLM?

23:08 <stellar-slack> <sacarlson> my guess is that cash donations prevent Stellar from selling as many XLM that would bring down the price of XLM

23:26 <stellar-slack> <lab> the market is too inactive to support expenses.

23:38 <stellar-slack> <lab> Quarter expense is about 0.7M according to last year finance data. now initial cash (3M) should be exhausted in that rate. will sdf open new finance data?