BitShares Claims 100,000 Transactions Per Second on New SmartChain

Just saw this on r/cryptocurrency. Anybody know anything about it?

http://www.reddit.com/r/CryptoCurrency/comments/39h4qb/bitshares_claims_100000_transactions_per_second/

More information is available on their updated website. It has basically been replaced by the plans for the new chain.

Keep in mind that this hasn’t been released yet, and is still under construction. After the launch, we’ll see what the new system can really do. These things always take longer than you’d first expect.