Market Cap: $2.9387T 0.250%
Volume(24h): $232.5732B -25.240%
Fear & Greed Index:

86 - Extreme Greed

Market Cap: $2.9387T 3.08%
Volume(24h): $232.5732B 3.08%
  • Market Cap: $2.9387T 0.250%
  • Volume(24h): $232.5732B -25.240%
  • Fear & Greed Index:
  • Market Cap: $2.9387T 0.250%

Select Language

Select Language

Select Currency

which blockchain is fastest

Solana stands out as the fastest blockchain with a remarkable transaction processing speed of 65,000 TPS.

Oct 18, 2024 at 11:18 pm

Which Blockchain is the Fastest?

1. OKX Chain

Launched in 2022, OKX Chain is a public blockchain developed by OKX. It utilizes a modified version of the Tendermint consensus protocol and boasts a transaction processing speed of up to 1,000 transactions per second (TPS).

2. Solana

Solana, launched in 2020, is a high-performance blockchain known for its scalability and speed. It employs a unique combination of proof-of-history (PoH) and proof-of-stake (PoS) consensus mechanisms, allowing it to process an impressive 65,000 TPS.

3. Polkadot

Polkadot is a multi-chain protocol that facilitates interoperability between different blockchains. It operates a relay chain that connects various parachains, each of which has its own blockchain with varying transaction speeds. Among the fastest parachains is Moonbeam Network, which can process over 100 TPS.

4. EOS

EOS, launched in 2018, positions itself as an enterprise-focused blockchain with high transaction throughput. It uses a delegated proof-of-stake (DPoS) consensus mechanism that enables it to achieve speeds of approximately 4,000 TPS.

5. Tron

Tron, founded in 2017, is a decentralized blockchain platform designed for the entertainment and content-sharing industries. It employs a modified version of DPoS and boasts a transaction processing speed of over 2,000 TPS.

6. Elrond

Elrond, launched in 2020, is a scalable blockchain that utilizes a unique sharding mechanism called Adaptive State Sharding. This approach divides the blockchain into multiple partitions, allowing for parallel transaction processing and achieving a potential speed of 15,000 TPS.

7. Polygon

Polygon is a layer-2 scaling solution for Ethereum that provides faster and cheaper transactions. It offers different protocols for scalability, including PoS and side chains. Polygon can handle transaction speeds ranging from 6,500 to over 10,000 TPS, depending on the specific protocol used.

8. Avalanche

Avalanche, launched in 2020, is a blockchain network that leverages a consensus protocol called the Snow Protocol. This enables multiple parallel blockchains to work together, resulting in high transaction throughput. Avalanche has a theoretical maximum throughput of 4,500 TPS.

9. Flow

Flow, founded in 2019, is a specialized blockchain designed for non-fungible tokens (NFTs) and decentralized applications. It uses Cadence programming language and a multi-role consensus mechanism tailored for high-performance NFT transactions, reaching speeds of up to 10,000 TPS.

10. Celer Network

Celer Network, established in 2018, is a layer-2 scaling solution that enables scalable off-chain transactions for multiple blockchains, including Ethereum and Polygon. Celer can achieve millisecond-scale transaction confirmations and has demonstrated speeds of over 12,000 TPS in testing environments.

Disclaimer:info@kdj.com

The information provided is not trading advice. kdj.com does not assume any responsibility for any investments made based on the information provided in this article. Cryptocurrencies are highly volatile and it is highly recommended that you invest with caution after thorough research!

If you believe that the content used on this website infringes your copyright, please contact us immediately (info@kdj.com) and we will delete it promptly.

Related knowledge

Will the D.O.G.E. project change our perception of government?

Nov 03,2024 at 12:16am

Will the D.O.G.E. Project Change Our Perception of Government?1. The D.O.G.E. ProjectThe D.O.G.E. Project (Decentralized Omniscient Government Ecosystem) is a blockchain-based initiative that aims to transform the way governments operate. It seeks to create a more transparent, efficient, and participatory system by leveraging decentralized technology.2....

What impact will the D.O.G.E. project have on the government governance model?

Nov 08,2024 at 04:52am

Impact of the D.O.G.E. Project on Government GovernanceExecutive SummaryThe Decentralized Open Government (D.O.G.E.) project proposes a transformative approach to government governance that utilizes blockchain technology to enhance transparency, accountability, and citizen participation. This revolutionary platform empowers citizens with a direct voice ...

What is the specific implementation plan for the D.O.G.E. project?

Nov 03,2024 at 08:05am

The Specific Implementation Plan for the D.O.G.E. ProjectThe D.O.G.E. project (Decentralized Operation to Generate and Execute) is a community-driven initiative that aims to empower individuals and businesses by providing a decentralized platform for creating and managing their own digital tokens. The project's specific implementation plan consists of s...

How does the D.O.G.E. project ensure transparency and security?

Nov 03,2024 at 07:48am

How the D.O.G.E. Project Ensures Transparency and SecurityDecentralized blockchain: The D.O.G.E. project operates on a decentralized blockchain, eliminating the possibility of centralized control or manipulation. Transactions are immutably recorded on the blockchain, ensuring transparency and auditability.Proof-of-Work consensus mechanism: D.O.G.E. util...

Will the D.O.G.E. project face political resistance?

Oct 30,2024 at 12:19pm

Understanding the D.O.G.E. Project:Define the nature and goals of the D.O.G.E. project, including its blockchain-based operations and cryptocurrency (DOGE).Explain the project's open-source and decentralized features, as well as its community-driven development.Potential Areas of Political Resistance:Regulation and Taxation Concerns: Discuss possible re...

How does the D.O.G.E. project solve the problem of government inefficiency?

Oct 31,2024 at 09:07am

How the D.O.G.E. Project Aims to Address Government Inefficiency1. Decentralization:The D.O.G.E. (Decentralized Open Government Ecosystem) project seeks to decentralize government processes by:Establishing a blockchain-based platform where citizens can participate in decision-making and policy-setting.Creating decentralized autonomous organizations (DAO...

Will the D.O.G.E. project change our perception of government?

Will the D.O.G.E. project change our perception of government?

Nov 03,2024 at 12:16am

Will the D.O.G.E. Project Change Our Perception of Government?1. The D.O.G.E. ProjectThe D.O.G.E. Project (Decentralized Omniscient Government Ecosystem) is a blockchain-based initiative that aims to transform the way governments operate. It seeks to create a more transparent, efficient, and participatory system by leveraging decentralized technology.2....

What impact will the D.O.G.E. project have on the government governance model?

What impact will the D.O.G.E. project have on the government governance model?

Nov 08,2024 at 04:52am

Impact of the D.O.G.E. Project on Government GovernanceExecutive SummaryThe Decentralized Open Government (D.O.G.E.) project proposes a transformative approach to government governance that utilizes blockchain technology to enhance transparency, accountability, and citizen participation. This revolutionary platform empowers citizens with a direct voice ...

What is the specific implementation plan for the D.O.G.E. project?

What is the specific implementation plan for the D.O.G.E. project?

Nov 03,2024 at 08:05am

The Specific Implementation Plan for the D.O.G.E. ProjectThe D.O.G.E. project (Decentralized Operation to Generate and Execute) is a community-driven initiative that aims to empower individuals and businesses by providing a decentralized platform for creating and managing their own digital tokens. The project's specific implementation plan consists of s...

How does the D.O.G.E. project ensure transparency and security?

How does the D.O.G.E. project ensure transparency and security?

Nov 03,2024 at 07:48am

How the D.O.G.E. Project Ensures Transparency and SecurityDecentralized blockchain: The D.O.G.E. project operates on a decentralized blockchain, eliminating the possibility of centralized control or manipulation. Transactions are immutably recorded on the blockchain, ensuring transparency and auditability.Proof-of-Work consensus mechanism: D.O.G.E. util...

Will the D.O.G.E. project face political resistance?

Will the D.O.G.E. project face political resistance?

Oct 30,2024 at 12:19pm

Understanding the D.O.G.E. Project:Define the nature and goals of the D.O.G.E. project, including its blockchain-based operations and cryptocurrency (DOGE).Explain the project's open-source and decentralized features, as well as its community-driven development.Potential Areas of Political Resistance:Regulation and Taxation Concerns: Discuss possible re...

How does the D.O.G.E. project solve the problem of government inefficiency?

How does the D.O.G.E. project solve the problem of government inefficiency?

Oct 31,2024 at 09:07am

How the D.O.G.E. Project Aims to Address Government Inefficiency1. Decentralization:The D.O.G.E. (Decentralized Open Government Ecosystem) project seeks to decentralize government processes by:Establishing a blockchain-based platform where citizens can participate in decision-making and policy-setting.Creating decentralized autonomous organizations (DAO...

See all articles

User not found or password invalid

Your input is correct

Cancel