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Read MoreWhile Visa can process up to 24, transactions per second (TPS), Bitcoin can process only seven TPS. Ethereum, Bitcoin's closest competitor, can handle 20 to. The approximate average TPS of the Bitcoin blockchain is about 5 � though this may vary at times. Ethereum, in contrast, can handle roughly double that amount.
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Read MoreIBM had a qubit quantum computer as of late , whereas it's estimated that qubits are required to crack the code to hack Bitcoin. Cryptocurrencies including Bitcoin are not quantum resistant. They also rely on cryptographic algorithms that are vulnerable to quantum.
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