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Author Topic: king of TPS ? (transactions per second)  (Read 195 times)
yazher
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January 18, 2021, 03:00:09 AM
 #21

Is Solana is the quickest TPS ?

If we are going global, we need someting fast, cheap and effecient, state your choice for the mainnet crypto: Solana?
Nano speed = 7K TPS
Solana speed = 50K TPS

There are lots of Altcoins who can do this kind of things namely the EOS, XRP, and Tron but none of them has surpassed bitcoin popularity because nothing in this industry is more important than popularity no matter how good your project and what kind of innovation does it do when there's no one in the known people of this industry talk about it, you can consider your project dead soon unless you pay those guys to talk about your project in mainstream media then there could be a slight chance to promote it.

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January 18, 2021, 03:26:59 AM
 #22

The higher you go with TPS the lower you go with decentralization and blockchain safety. Decentralized blockchain technologies was never about the speed and comparing them purely in terms of speed is not the best idea.

I don't think that having more TPS can lower decentralization, after all it is on the way how the developer develop their own blockchain, so we can have a highly capable cryptocurrency for transaction while not sacrificing the decentralization or a very sluggish one with centralized nature.

And as already posted by the previous posters - its just claimed TPS and there are a lot of shticoins that claim to scale to milions TPS.

Indeed, self-claimed shouldn't be considered unless fully tested.
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January 18, 2021, 05:54:48 AM
 #23

In fact, if the transaction is under 10 seconds, I don't really mind who has the highest tps.
I tried to send the BNB and TRX in a short time already received it, so I would ignore the TPS if the delivery was 10 seconds and of course for a smaller fee.

That's it. It will be pointless if we are having a lot of scalable platforms. A few platforms are more than enough to give alternative solution for the bitcoin and ethereum that are still having a big problem with its scalability.
That's not the actual TPS that can be confirmed by the chain. I remember tron was claiming would be able to process up to a few thousand or more TPS but it can only process 800TPS.

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January 21, 2021, 08:47:00 AM
 #24

I don't think that having more TPS can lower decentralization, after all it is on the way how the developer develop their own blockchain, so we can have a highly capable cryptocurrency for transaction while not sacrificing the decentralization or a very sluggish one with centralized nature.

The thing is that everything in crypto is open source. Means that anyone can copy code from other project and use it in its own. So its not like secrec technology that allow one project to scale while another is still struggling with it.

And its not like how well is code writen, that fast will coin go. You are limited by math and various limitations like block size, node count that can interact with each other and many others. The more centralized your project is the fastest and cheapest you can go. For example Dpos is faster than Pos, because you have only few nodes that needs to "talk with each other" to confirm network transactions instead of thousends. And the lower you go with "main nodes" in DPos the faster your blockchain is.

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