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diff --git a/doc/paper/taler.tex b/doc/paper/taler.tex index a79585411..f27b0d061 100644 --- a/doc/paper/taler.tex +++ b/doc/paper/taler.tex @@ -1589,6 +1589,19 @@ enabling linear scalability of the database operations. Similarly, the cryptographic verification in the frontend can be distributed over as many compute nodes as required. +Unfortunately it was not possible to experimentally compare the performance of +Taler directly to other e-cash systems, since to our best knowledge there +is no working and publicly available implementation of any of them. + +When compared with the current average confirmation time for Bitcoin payments, +Taler is many orders of magnitude faster. While a confirmation time of Taler +is in the order of a few hundered milliseconds (including database access and +network latency), the time to mine even one block in Bitcoin is around ten +minutes \footnote{Data retrieved in May 2017 from +\url{https://blockchain.info/stats}}. Very conservative Bitcoin merchants, +such as exchanges, wait up to six blocks until they consider a transaction +confirmed. + \section{Discussion} \subsection{Well-known attacks} |