Crypto Blog
By examining the processing speed of the largest blockchain networks in terms of total value locked on DeFiLlama, CoinGecko outlined the fastest based on the actual and realized transactions-per-speed metric.
According to the report, this makes Solana “46 times faster than Ethereum, and more than 5 times faster than Polygon, which has the highest TPS among Ethereum scaling solutions.” CoinGecko’s top 3 list is concluded by two other non-EVM networks – Sui and BSC. The paper said non-EVM blockchains are, on average, 4x faster than their EVM counterparts.from proof of work to proof of stake in late 2022 but it still cannot find a place within the top 15 on CoinGecko’s list. It takes the 17th spot with an average TPS of 22.7. In contrast, Polygon, the largest layer 2 network on Ethereum, posted 190 TPS.
Canada Latest News, Canada Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Dutch Blockchain Days 2024 x OKX: Leading the Blockchain, Crypto & Web3 DiscussionDutch Blockchain Days 2024 x OKX: Leading the Blockchain, Crypto & Web3 Discussion
Read more »
How Polkadot 2.0 refines blockchain scalability and interoperabilityBlockchain networks must solve interoperability and scalability issues to reach their potential
Read more »
Alex bridge on BNB is drained of $4.3M after suspicious upgrade — CertikBlockchain data shows that the attack may be ocurring on other networks, including Ethereum.
Read more »
LINK Price Jumps 20% Amid Chainlink's US Bank Pilot ProgramSmart NAV by DTCC and Chainlink aims to bring trusted data to blockchain networks
Read more »
AI Efficiency Breakthrough: How Sound Waves Are Revolutionizing Optical Neural NetworksScience, Space and Technology News 2024
Read more »
Optimizing IoT Networks In An Increasingly Smart, Interconnected WorldMark Mahle is CEO of NetActuate. Read Mark Mahle's full executive profile here.
Read more »