5.1.3. Fastest Transaction Speeds in the Industry

One of the perquisites for staking is that the user needs to have a full node wallet such as the JP Montana wallet, which downloads the entire blockchain data, meaning the history of all transactions since the very beginning. The larger number of nodes allows for increased transaction speeds. A metric that can be used is the comparison of the market capitalization and the number of active nodes. JP Montana has a proportion of around 0.38, as compared to Ark with 0.53, ZCash with 0.55 and Ethereum with 4.18. This provides a metric of how decentralized the transactions are on the blockchain. Moreover, it indicates that JP Montana has the best incentive system leading to more active nodes per amount transacted on the blockchain. JP Montana aims to achieve even better results, by making staking more profitable and therefore more attractive to users.

JP Montana has one of the fastest transaction speeds in the cryptocurrency industry, blocks are created every 30 seconds. As a result, all transactions are confirmed in seconds, unlike Bitcoin, where it sometimes takes minutes or even hours. JP Montana can currently handle 1,120 transactions per second.