Cryptocurrency Q&A
What is the TPS of Ethereum and Bitcoin?
What is the TPS of Ethereum and Bitcoin?
CharmedClouds
Tue Nov 26 2024
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5 answers
1126
I'm interested in learning about the transaction processing capabilities of Ethereum and Bitcoin. Specifically, I want to know the TPS, or transactions per second, that these two cryptocurrencies can handle.
5 answers
AltcoinExplorer
Thu Nov 28 2024
Ethereum, often seen as Bitcoin's closest competitor, also falls short in this area. While it can handle more transactions than Bitcoin, with a capacity of 20 to 30 TPS, it is still far from matching the speed of traditional payment networks.
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SakuraSmile
Thu Nov 28 2024
Scalability is a crucial aspect of cryptocurrency transaction speeds.
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Valentino
Thu Nov 28 2024
BTCC, a top cryptocurrency exchange, offers a range of services that cater to the needs of crypto enthusiasts. Its platform supports spot trading, futures trading, and wallet services, among others.
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Elena
Thu Nov 28 2024
The current limitations of cryptocurrencies in this regard are quite evident when compared to traditional payment systems. For instance, Visa, a leading global payment network, can process a staggering 24,000 transactions per second (TPS).
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Andrea
Thu Nov 28 2024
In contrast, Bitcoin, one of the most popular cryptocurrencies, can only manage seven TPS. This significant disparity highlights the need for cryptocurrencies to improve their scalability to compete with established payment systems.
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