Assets, Ethereum

What Is TPS of Ethereum?

TPS, or Transactions Per Second, is a metric that is used to measure the performance of a blockchain network. The higher the TPS, the more transactions the network can handle per second.

The Ethereum network currently has a TPS of 15. This means that it can handle up to 15 transactions per second.

NOTE: Warning: Ethereum’s TPS (transactions per second) is limited compared to other cryptocurrencies. It is important to understand that Ethereum’s TPS rate is currently around 15-20, which is significantly lower than Bitcoin’s TPS rate of 7 transactions per second. Therefore, it is not recommended to use Ethereum for high volume transactions as the network is likely to experience congestion.

However, the network is not always able to reach this maximum TPS due to congestion.

Congestion on the Ethereum network occurs when there are more transactions than the network can handle. This results in transaction delays and higher fees.

The Ethereum team is working on scaling solutions that will help the network reach its full potential and handle more transactions per second. Once these solutions are implemented, we should see a significant increase in the TPS of the Ethereum network.

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