It's super fast. It is limited only by bandwidth. If each network node has enough bandwidth the whole network can handle close to many transactions per second. A small internet connection can enable an entire node to handle the same amount of transactions worldwide.
While the technology is superior to blockchain technology in the case of distributed laser solutions, this superiority does not guarantee greater acceptance. Blockchains are also improving, but I like the proposed possibilities and am excited to see what it could be.