blockchain performance

in blockchain •  4 years ago 

Content

At present, the Ethereum network is limited by the single-threaded performance of the CPU. After optimization, it can reach 50 or 100 transactions per second. However, in actual applications, the transaction on the Ethereum network is almost 10 transactions per second, or even less. When the network is congested, only transactions with high transaction fees can be executed, causing ordinary users to be unable to complete transactions. Although Vitalik Buterin has come up with a roadmap to achieve "unlimited expansion", the technology of database sharding will undoubtedly increase the complexity of the network and may reduce the security of the network.
EOS will use parallel technology to expand the network, and its processing capacity will reach one million transactions per second. It will eventually support the execution of millions of transactions per second, and no transaction fees. Once implemented, EOS will become the only platform that can handle truly commercial-grade decentralized applications.
In general, EOS is still optimistic. If the expected goal can be achieved, it will have a lot to do in the blockchain field.

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