As a crypto enthusiast, I'm always on the lookout for the latest and greatest in blockchain technology. One question that frequently arises in my mind is: What is the fastest EVM chain? With the proliferation of Ethereum-compatible blockchains, it's crucial to identify which one offers the fastest transaction speed, low latency, and high scalability. This becomes especially relevant for developers looking to deploy decentralized applications or for traders seeking to execute trades in a timely manner. Could you elaborate on the key factors that determine the speed of an EVM chain and highlight a few candidates that are currently leading the race?
7 answers
noah_harrison_philosopher
Tue Jul 23 2024
Among the numerous EVM blockchains, the BNB Smart Chain (BSC) stands out as a frontrunner, boasting a throughput of 378 transactions per second (TPS).
CryptoChieftain
Tue Jul 23 2024
Polygon, another notable player in the field, follows BSC closely with a TPS of 190.
Silvia
Tue Jul 23 2024
Despite these impressive figures, when Ethereum and its top ten scaling solutions are combined, they achieve a total of 500 crypto TPS.
Maria
Mon Jul 22 2024
This combined strength puts Ethereum and its scaling solutions ahead of BSC in terms of overall transaction capacity.
SakuraSmile
Mon Jul 22 2024
However, even with this impressive tally, the Ethereum ecosystem still lags behind Solana in terms of transaction speed.