The Bitcoin Latinum offers high performance in terms of the number of transactions per second and lower transaction time compared with Bitcoin and Ethereum cryptos. Latinum also comes with less transaction fees compared with transaction fees charged by Paypal, Visa and Master cards.
By the latest Proof of Stake (PoS) algorithm, LTNM solves the problems associated with Proof of Work networks. With the PoS algorithm, Bitcoin Latinum drastically reduces the transaction time and increases the transaction volumes. LTNM will be mining-free, with a fixed supply of premined tokens.
Bitcoin Latinum makes use of a highly efficient Mutualized Proof of Stake (MPoS) consensus algorithm, achieves high security with blazingly fast transaction speed and low transaction fees. See below Bitcoin Latinum Performance compared with major cryptos such as Bitcoin and Ethereum.
1st Generation BITCOIN BTC | 2nd Generation ETHEREUM ETH | 3rd Generation BITCOIN LATINUM LTNM | |
|---|---|---|---|
| Transactions Per Second | 3+ TPS | 12+ TPS | 3300+ TPS (1) 6000+ TPS (2) 10,000+ TPS (3) |
| Average Fee | $22.57 USD** | $19.55 USD^ | $0.1 USD* |
| Transaction Confirmation | 10-60 MINUTES | 10-20 SECONDS | 3-5 SECONDS* |
| Energy Consumption Per Transaction | 885+ KWH^^ | 102+ KWH^^ | 0.00015 KWH* |
**Avg. BTC tx fee from 3/31/21-6/11/21 from https://blockchair.com/bitcoin/charts/average-transaction-fee-usd?interval=3m .
^Avg. ETH tx fee from 3/31/21-6/11/21 from https://blockchair.com/ethereum/charts/average-transaction-fee-usd?interval=3m.
^^From https://ptvolts.com/sites/default/files/documents/sustainable-blockchain-PoWer-transition.pdf..
* Projected data for Bitcoin Latinum, by the end of 2021
(1) projected EPS for Bitcoin Latinum, by Q3 2021
(2) Projected EPS for Bitcoin Latinum, by Q4 2021
(3) Projected EPS for Bitcoin Latinum by 2022
1ST GENERATION
Bitcoin
BTC
Transactions Per Second
3+ TPS
Average Fee
$22.57 USD**
Transaction Confirmation
10-60 Minutes
Energy Consumption Per Transaction
885+ KWH^^
2ND GENERATION
ETHEREUM
ETH
Transactions Per Second
12+ TPS
Average Fee
$19.55 USD**
Transaction Confirmation
10-20 SECONDS
Energy Consumption Per Transaction
102+ KWH^^
3RD GENERATION
BITCOIN LATINUM
LTMN
Transactions Per Second
3,300+ TPS (1), 6,000+ TPS (2), 10,000+ TPS(3)
Average Fee
$0.1 USD*
Transaction Confirmation
3-5 SECONDS*
Energy Consumption Per Transaction
0.00015 KWH*
**Avg. BTC tx fee from 3/31/21-6/11/21 from https://blockchair.com/bitcoin/charts/average-transaction-fee-usd?interval=3m .
^Avg. ETH tx fee from 3/31/21-6/11/21 from https://blockchair.com/ethereum/charts/average-transaction-fee-usd?interval=3m.
^^From https://ptvolts.com/sites/default/files/documents/sustainable-blockchain-PoWer-transition.pdf..
* Projected data for Bitcoin Latinum, by the end of 2021
(1) projected EPS for Bitcoin Latinum, by Q3 2021
(2) Projected EPS for Bitcoin Latinum, by Q4 2021
(3) Projected EPS for Bitcoin Latinum by 2022
