How does Stellar's TPS compare to other popular cryptocurrencies?
Upton McdowellNov 24, 2021 · 3 years ago3 answers
Can you provide a detailed comparison of Stellar's transactions per second (TPS) with other well-known cryptocurrencies?
3 answers
- Nov 24, 2021 · 3 years agoStellar's TPS is known for its impressive speed and scalability. With an average TPS of over 1,000, Stellar outperforms many other popular cryptocurrencies like Bitcoin and Ethereum. Its unique consensus algorithm, called the Stellar Consensus Protocol (SCP), allows for fast and low-cost transactions. Compared to Bitcoin's TPS of around 7 and Ethereum's TPS of around 15, Stellar's TPS is significantly higher, making it a preferred choice for those who value speed and efficiency in their transactions.
- Nov 24, 2021 · 3 years agoWhen it comes to TPS, Stellar shines bright! With its lightning-fast transaction processing capability, Stellar leaves other cryptocurrencies in the dust. While Bitcoin and Ethereum struggle with TPS in the single digits, Stellar boasts an average TPS of over 1,000. This means that Stellar can handle a much higher volume of transactions per second, making it a top choice for those who require fast and efficient payments.
- Nov 24, 2021 · 3 years agoStellar's TPS is truly impressive, especially when compared to other popular cryptocurrencies. While Bitcoin and Ethereum have long been criticized for their slow transaction speeds, Stellar has managed to achieve an average TPS of over 1,000. This is largely due to its unique consensus algorithm, which allows for quick and secure transactions. In fact, Stellar's TPS is so high that it has caught the attention of many industry experts, who believe that it has the potential to revolutionize the way we make payments.
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