What is the current TPS (transactions per second) of Ethereum?
Negi RïñpaeNov 29, 2021 · 3 years ago3 answers
Can you tell me the current transactions per second (TPS) of Ethereum? I'm curious about the speed at which Ethereum can process transactions and how it compares to other cryptocurrencies.
3 answers
- Nov 29, 2021 · 3 years agoThe current TPS of Ethereum is around 15-20. This means that Ethereum can process around 15 to 20 transactions per second. However, it's important to note that the TPS of Ethereum can vary depending on network congestion and the complexity of the transactions being processed.
- Nov 29, 2021 · 3 years agoAs of now, Ethereum has a TPS of approximately 15-20. This is relatively low compared to some other cryptocurrencies like EOS, which claims to have a TPS of thousands. However, Ethereum is working on scaling solutions like Ethereum 2.0 to increase its TPS and improve scalability.
- Nov 29, 2021 · 3 years agoAccording to recent reports, Ethereum's TPS is currently around 15-20. However, it's worth mentioning that these numbers can fluctuate depending on various factors such as network congestion and the type of transactions being processed. If you're looking for a higher TPS, you might want to consider other cryptocurrencies or explore layer 2 solutions like BYDFi, which aims to provide faster and more scalable transactions.
Related Tags
Hot Questions
- 95
How can I minimize my tax liability when dealing with cryptocurrencies?
- 75
How does cryptocurrency affect my tax return?
- 48
What are the tax implications of using cryptocurrency?
- 42
What are the best digital currencies to invest in right now?
- 20
What is the future of blockchain technology?
- 20
What are the advantages of using cryptocurrency for online transactions?
- 17
Are there any special tax rules for crypto investors?
- 13
How can I protect my digital assets from hackers?