TRON network processes 1600 transactions per second

TRON network processes 1600 transactions per second

TRON CEO Justin Sun claims the platform’s blockchain supports up to 1600 transactions per second.

Justin Sun tweeted that the network is now 80 times faster than Ethereum in speed. These capabilities, combined with the recently acquired BitTorrent, create the world’s largest peer-to-peer network, serving 100 million users in 138 countries..

TRON’s transaction volume depends on community-selected nodes (super representatives) who form new blocks and validate transactions. They are interested in improving the quality of work and speed, as they compete with each other for a reward..

However, Ethereum developers are now creating second-tier solutions that will dramatically increase efficiency and scalability. Vitalik Buterin claims that after their implementation, the platform will be able to process 1 million transactions per second. On August 13, testing of the new Ethereum protocol starts, which should improve performance and reduce the cost of transactions.

Russia is also interested in the development of the entertainment segment of the blockchain. A prototype of a decentralized game was created at the GameNode hackathon in 48 hours.

text: Ivan Malichenko, photo: Immersion Imagery / Shutterstock 

How would you find out how many transactions per second SQL Server Instance is performing

TRON network processes 1600 transactions per second

Similar articles

Related Post