Connect with us
Prague Gaming & TECH Summit 2025 (25-26 March)

Blockchain

Chicago FinTech Group FinTEx Announces Second Annual FinTEx Forum, Sponsored by Actuate Law

Published

on

Reading Time: 2 minutes

 

FinTEx, a Chicago-based organization committed to raising the profiles of Midwestern FinTech leaders while cultivating growth and innovation within the region, announced today its second annual lineup of exciting events for FinTEx Forum. Taking place May 14-16, 2019 at various locations across the city of Chicago, the Forum will bring together innovators, executives and investors from the FinTech community, providing high quality content, interesting speakers and networking opportunities.

“When we envisioned this event, we focused on creating an environment that attracted founders, executives and investors who are committed as long-term supporters of the FinTech ecosystem,” said Randy Rivera, FinTEx Forum founder and principal of keen advisors, llc. “We made a deliberate effort to curate an event with our community in mind that was focused  on bringing together top talent from around the country to create meaningful experiences and interactions among the participants. With the support of respected executives in their respective industries, it is exciting to bring together our community for the second year of the Forum.”

This exclusive event is invite-only. To request an invitation and see a list of events, visit https://fintexforumchicago.splashthat.com/

“This is the most ambitious event plan we’ve put together so far, and we’re really excited about the tremendous lineup of speakers, panelists and venues we have in store,” said Jason Henrichs, FinTEx founder. “FinTEx was created to help our local FinTech scene grow and prosper, and the Forum will provide numerous opportunities for our members and community players to learn from and engage with one another in fun and memorable ways.”

Advertisement

Actuate Law is proud to sponsor FinTEx Forum again this year, to put on a week of events that bring together thought leaders, innovators and the people making it happen in FinTech,” said Dara Tarkowski, Managing Partner, Actuate Law. “We strongly support collaboration at all levels, and FinTEx provides a wonderful forum for community members to learn, think and network. We are proud to be a part of the community and part of the discussion.”

 

SOURCE Actuate Law LLC

Blockchain

Africa Loyalty Programs Market Databook 2025, with Safaricom, Paga, M-Pesa, Airtel Money, MTN MoMo, Pick n Pay, JumiaPay, Paycode, TradeDepot, Shoprite, Flutterwave, Takealot, Ecobank and More

Published

on

africa-loyalty-programs-market-databook-2025,-with-safaricom,-paga,-m-pesa,-airtel-money,-mtn-momo,-pick-n-pay,-jumiapay,-paycode,-tradedepot,-shoprite,-flutterwave,-takealot,-ecobank-and-more

African Loyalty Programs Market

Continue Reading

Blockchain

Taraxa Report Reveals 20X Overestimation In Blockchain Throughput

Published

on

taraxa-report-reveals-20x-overestimation-in-blockchain-throughput

As the Layer-1 ecosystem is increasingly flooded with inflated performance claims, new research from Steven Pu, Co-Founder of Taraxa, delivers a reality check. Using data from Chainspect, the study evaluates the cost-efficiency of 22 blockchains by analyzing the real-world cost of running a validator node against actual mainnet throughput.
Blockchain performance reports often rely on idealized scenarios with private testnets, specialized hardware, and unrealistic assumptions that inflate transactions-per-second (TPS) numbers. This results in performance claims that look impressive on paper but do not hold up in practice.

Pu’s research introduces a more pragmatic approach—measuring transactions per second achieved on mainnet per dollar spent on a validator node (TPS/$). This simple yet powerful metric directly addresses the distortion in performance figures by shifting the focus from theoretical throughput to cost-adjusted efficiency. By assessing how much real transaction processing power a network provides per dollar spent, this study offers a fair and verifiable way to compare blockchains on a level playing field.

Figures are produced by dividing the observed mainnet throughput by the monthly cost of a single validator node. The goal is to ensure that blockchain developers, investors, and users have access to data that truly reflects network sustainability and scalability.

This research is more than just a comparison—it’s a call to action. For too long, blockchain projects have relied on inflated performance metrics that fail under real-world conditions. By shifting the focus to cost-efficiency and observed mainnet performance, Pu’s study sets a new standard for evaluating blockchain scalability.
Tellingly, the results expose a striking gap between theoretical performance figures and real-world results. Figures show that theoretical throughput is overstated by a staggering average of 20 times when compared to actual mainnet observations. This means that TPS figures, often cited in whitepapers and marketing materials, vastly exceed what is achievable under real-world conditions.

Advertisement

Such a significant discrepancy suggests that developers, investors, and users may base their decisions on numbers that do not hold up outside of a controlled test environment. This calls for a reform in how blockchain performance is reported and evaluated.

“Investors, developers, and users deserve transparency,” explains Pu. “The blockchain industry has long been obsessed with theoretical performance figures, but numbers generated in a lab mean little if they can’t be replicated in real-world conditions.”

“Our research also shows that many networks require expensive hardware just to achieve modest transaction rates, which is neither technically impressive nor decentralized. By focusing on verifiable data from live networks, we can shift the conversation toward meaningful performance metrics that actually impact usability, cost-efficiency, and decentralized adoption.”

Findings also show that only four out of the 22 blockchains achieve a double-digit TPS/cost ratio. This low percentage highlights that most networks require high expenditures to reach modest transaction rates. Many networks fall short when the real cost of running a node is considered. Users and developers face a challenging landscape where performance is not always backed by cost efficiency.
Rather than dismissing other chains, Taraxa calls for more transparent, verifiable and balanced metrics for comparing blockchains. The research is more than just a comparison—it’s a call to action. For too long, blockchain projects have relied on inflated performance metrics that fail under real-world conditions. By shifting the focus to cost-efficiency and observed mainnet performance, Pu’s study sets a new standard for evaluating blockchain scalability.

Overall, the research challenges common industry practices that rely on overly optimistic theoretical metrics. The market often relies on figures generated under ideal conditions that rarely match everyday use.

Advertisement

By basing this study on data from live networks, the Taraxa team provides a more grounded look at blockchain performance. The focus on cost efficiency and real-world conditions helps set a new standard for performance reporting.

The post Taraxa Report Reveals 20X Overestimation In Blockchain Throughput appeared first on News, Events, Advertising Options.

Continue Reading

Blockchain

TRM Labs Expands Wallet Screening Solution to Combat $11 Billion Crypto Fraud Epidemic

Published

on

trm-labs-expands-wallet-screening-solution-to-combat-$11-billion-crypto-fraud-epidemic
Continue Reading
Advertisement
 title=
Advertisement

Latest News

Recent Listings

  • Global Payout, Inc.

    Since the Company’s inception in 2009, Global Payout, Inc. has been a leading provider of compreh...

  • MTrac Tech Corp.

    MTrac Tech Corporation, a Nevada Corporation, is a privately held, wholly owned subsidiary of Glo...

  • Net1

    Net1 is a leading provider of transaction processing services, financial inclusion products ...

  • uBUCK Technologies SEZC

    Based in Georgetown, Cayman Islands, uBUCK Tech is a fintech enterprise that specializes in digit...

  • LiteLink Technologies Inc.

      LiteLink is a major player in developing world-class enterprise platforms that utilize ar...

  • Good Gamer Corp.

      Good Gamer Corp. is a privately-held technology company focusing on gamers and streamers....

  • BitPay

      Founded in 2011, BitPay pioneered blockchain payment processing with the mission of trans...

  • About Net1

      Net1 is a leading provider of transaction processing services, financial inclusion produc...

  • Blockchain Foundry Inc.

    Headquartered in Toronto, Canada, Blockchain Foundry (CSE:BCFN)(FWB:8BF)(OTC:BLFDF) is a global b...

  • Sixgill

    Sixgill provides a full suite of universal data automation and authenticity products and services...

Trending on TBE