Cryptocurrency Q&A How many transactions per second does IoTeX have?

How many transactions per second does IoTeX have?

EthereumElite EthereumElite Sat Aug 17 2024 | 7 answers 1575
I'm curious to know about the transaction speed of IoTeX. Can you tell me how many transactions per second does it manage to handle? This information is crucial for understanding its scalability and potential for high-volume transactions, especially in the context of the booming blockchain and cryptocurrency industry. I'm interested in how IoTeX stacks up against other popular blockchains in terms of transaction throughput. How many transactions per second does IoTeX have?

7 answers

Arianna Arianna Mon Aug 19 2024
The increased TPS allows developers to create innovative solutions that can handle high volumes of transactions efficiently, making IoTeX an attractive platform for real-world use cases.

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Sara Sara Mon Aug 19 2024
IoTeX has achieved a remarkable milestone by becoming the second fastest EVM-compatible blockchain, showcasing its advanced capabilities and potential for widespread adoption.

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HallyuHeroLegendaryStar HallyuHeroLegendaryStar Mon Aug 19 2024
The Mainnet v1.14.0 upgrade has been instrumental in propelling IoTeX's throughput to an impressive 1000 transactions per second (TPS), a significant improvement over previous iterations.

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JejuJoyful JejuJoyful Mon Aug 19 2024
This enhanced performance enables IoTeX to support a wide range of decentralized applications (DApps) and decentralized finance (DeFi) projects, catering to the growing demand for scalable and secure blockchain solutions.

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EchoWave EchoWave Sun Aug 18 2024
IoTeX's commitment to innovation and continuous improvement is evident in its ability to adapt and evolve with the evolving needs of the blockchain ecosystem.

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