Tag: Transaction Throughput

OmiseGo Developers Eye Throughput of 1 Million TPS

The scalability of blockchain technology remains a big challenge for the time being. OmiseGo has made some rather bold claims in this regard, as it plans to start out by processing at least 1 million transactions per second. Such a throughput rate is rather uncommon for public blockchains and cryptocurrencies, to say the very least. OmiseGo Plans a Bright Future According to a recent tweet sent out by the OmiseGo team, things are …
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Ethereum Network Sets New Transaction Throughput Record

The Ethereum ecosystem is maturing in front of our eyes. Whereas most people focus on the technological side of things such as smart contracts, the number of transactions performed within a 24 hour period is also on the rise. The Ethereum network processed half a million transactions within 24 hours, which is officially a new record for this ecosystem. A new Transaction Processing Record for Ethereum With more transactions taking …
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What Is Zilliqa?

With so many different blockchain platforms in existence, it has become impossible to keep track of them all. Zilliqa is a new platform that has attracted a lot of attention with a focus on transaction throughput and sharding. Considering how this project has been in development for over two years, expectations are pretty high. It seems this project is greatly interesting to various companies around the world. Zilliqa Makes Sharding a Possibility …
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Bitcoin vs Ethereum – Transaction Throughput and Fees

Cryptocurrency enthusiasts often like to compare Bitcoin and Ethereum. These are the two most popular cryptocurrencies and Ethereum is even attempting to take Bitcoin’s place as top cryptocurrency. Comparing some aspects show the strengths and weaknesses of either asset. A few of these are network transaction fees and associated transaction throughput. Currently, Ethereum processes more transactions at lower fees than Bitcoin. Ethereum Beats Bitcoin In Transaction Throughput Ethereum is younger than Bitcoin, so looking …
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