Thousands of DebitCredit Transactions-Per-Second: Easy and Inexpensive
Jim Gray, Charles Levine
TL;DR
This paper demonstrates that modern inexpensive computers can process thousands of financial transactions per second, vastly surpassing historical transaction volumes and highlighting the accessibility of high-speed transaction processing.
Contribution
It shows that affordable modern hardware can handle transaction volumes comparable to or exceeding historical large-scale financial systems.
Findings
A $2k computer executes about 8,000 transactions/sec
Modern computers surpass 1970s US bank transaction volumes
Transaction processing is now inexpensive and accessible
Abstract
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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Taxonomy
TopicsAdvanced Database Systems and Queries