  We present a three-point iterative method without memory for solving
nonlinear equations in one variable. The proposed method provides convergence
order eight with four function evaluations per iteration. Hence, it possesses a
very high computational efficiency and supports Kung and Traub's conjecture.
The construction, the convergence analysis, and the numerical implementation of
the method will be presented. Using several test problems, the proposed method
will be compared with existing methods of convergence order eight concerning
accuracy and basin of attraction. Furthermore, some measures are used to judge
methods with respect to their performance in finding the basin of attraction.
