Explore, scrutinize, and let the truth speak for itself.In a PoW-based blockchain, each authenticating computer or node records all the data on the chain and is part of the consensus process. ![]() Blockchain's strength lies in its transparency and being able to verify things for yourself. We got our data from chainspect.app □, but we encourage you to double-check our analysis. What really matters is how these technologies are adopted and used. While big numbers can be impressive, they're not the only measure of success. These findings highlight the big difference between what blockchain projects say they can do and what they actually do in the real world. It's just 1.67 times less, but Bitcoin is all about trustworthiness and resilience. Theoretically, it can handle about 7 transactions per second, but in practice, it's around 4.18. While it's just five times less, it shows they're not overhyping their capabilities.īitcoin has never tried to be the fastest. Their maximum recorded speed is 56, and their current speed is around 11.14 transactions per second. ![]() This significant difference of 2500 times shows the importance of being transparent about real-world performance.Įthereum hasn't been making big claims about speed. ![]() That's a massive difference of 4956 times – a real wake-up call for accurate reporting.Īvalanche claimed "4,500 transactions per second," but the actual speed is much lower at 2.01 transactions per second. Solana might have said they can do "65,000 transactions per second" on their website, but in reality, they're clocking in at a pretty impressive 299.91! That's a huge 217 times more than what they claimed.Īrbitrum advertised a solid "40,000 transactions per second," but our investigation shows that they're really doing just 8.07 transactions per second. Let's take a good look at some well-known blockchain networks – Solana, Arbitrum, Avalanche, Ethereum, and Bitcoin – and see how they really perform. Every blockchain has its own pace with varying block times, but we're not going to take block time into consideration today for simplicity purposes. Our method involves connecting to blockchain networks, fetching transactions, and calculating the average TPS based on data from the last 100 blocks. Our Approach: Revealing Actual Network Activity Our goal is to dig deep and provide a detailed understanding that goes beyond surface-level numbers. We expect there to be a difference between how many transactions a blockchain can handle in real-time and what's often advertised as the maximum throughput. Today we will explore the real-time transaction speed versus those big "maximum transactions per second" claims that might change how you see things. ![]() But as people who use blockchain tech, we can tell fact from fiction. In the world of blockchain, you often see big flashy numbers like "maximum transactions per second" advertised on websites and in marketing materials. But let's take a closer look beyond the marketing hype and dive into the actual world of blockchain speed, without all the complicated terms and fancy talk. In the ever-changing world of blockchain technology, there's often a lot of talk about how many transactions it can handle per second.
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