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arxiv: cs/0701161 · v1 · submitted 2007-01-25 · 💻 cs.DB · cs.PF

Thousands of DebitCredit Transactions-Per-Second: Easy and Inexpensive

classification 💻 cs.DB cs.PF
keywords approximatesbankcomputercomputersdebitcrediteasilyeasyexecute
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A $2k computer can execute about 8k transactions per second. This is 80x more than one of the largest US bank's 1970's traffic - it approximates the total US 1970's financial transaction volume. Very modest modern computers can easily solve yesterday's problems.

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