EDIT: I can see by the comments so far that nobody gets it. Well, you will get it in time. It's really happening, and yes, this is Bitcoin adherent to the original whitepaper, and in line with the original code base before it was hamstrung with unwise revisions and changes.
And how is this going to be decentralised if its blockchain grows at 1M transactions/sec? Hardly anyone will have that kind of storage available.
3 Petabytes of data after 6 months. This is all done on AWS currently.
Visa tops out at around 50,000 TPS.
This is just an initial target test. Bitcoin scales unbounded.
10M TPS next target.
This is also just layer 1. It's designed for additional layers expressed through transaction script (with all op_codes enabled, which unlocks a complete Forth environment).
Extremely naive.
Bitcoin's transaction rate is 7 tps for a reason.
Bitcoin is professionalizing. It's built for everything in the world to be timestamped with super low transaction fees.