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Cryptocurrency News Articles

BlockDAG's Beta Testnet Is Live— Aims to Achieve 15K TPS! Ethereum Price Falls 0.5% & ETC Dips 6.7%

Apr 04, 2025 at 06:00 am

Find out how BlockDAG's Beta Testnet—featuring 15,000+ TPS targets, a growing node count, and a 2,380% return—stacks up against Ethereum and Ethereum Classic's performance.

BlockDAG's Beta Testnet Is Live— Aims to Achieve 15K TPS! Ethereum Price Falls 0.5% & ETC Dips 6.7%

BlockDAG’s Beta Testnet Is Live— Aims to Achieve 15K TPS!

Unpacking the performance of Ethereum, Ethereum Classic, and BlockDAG (BDAG).

As enthusiasm for cryptocurrencies persists, several projects are making significant strides. Among them, BlockDAG (BDAG) has set its sights on revolutionizing blockchain technology with its unique BlockDAG architecture.

While Ethereum is widely recognized for smart contracts and Ethereum Classic entices users with its immutable chain, BlockDAG is testing the limits of blockchain throughput.

Ethereum: A Decentralized Platform for Smart Contracts and DApps

Ethereum is a decentralized platform where users can create and deploy smart contracts and dApps. It was launched in 2015 by Vitalik Buterin and his team.

Buterin’s goal was to introduce a new technology that would revolutionize the way we interact with computers. Unlike Bitcoin, which focuses on cryptocurrency, Ethereum’s vision was broader, aiming to build a programmable world computer.

After completing the highly anticipated Merge upgrade in 2023, which transitioned the network to a fully Proof-of-Stake (PoS) model, the blockchain is now renowned for its speed in processing transactions.

It is also recognized for its role in supporting the decentralized finance (DeFi) revolution with a large ecosystem of dApps and protocols.

Those who participated in Ethereum’s crowdsale in 2014, when it distributed 60 million ETH, are reaping the benefits. Back then, the token was sold for $0.40-$0.38, and at the time of writing (March 2025), ETH is valued at $1,842.88. This marks a staggering 2,379% increase from the initial presale price.

Over the past year, ETH has experienced a slight decrease of 0.5% from $1,850, and its market cap stands at $222 billion.

Ethereum continues to process thousands of dApps, second-layer solutions, and top DeFi projects. With ongoing improvements to its PoS and optimistic rollups, the network has become more efficient and eco-friendly, cementing Ethereum’s leadership in blockchain technology.

Ethereum Classic: Chain Prioritizes Code Integrity

Following the infamous hack of the DAO (Decentralized Autonomous Organization) in 2016, which led to the theft of 3.5 million ETH, there was a split in the Ethereum community.

Those who believed in a complete rollback of the blockchain to return the stolen funds voted for a hard fork, creating a new chain—Ethereum Classic (ETC). On the other hand, those who supported the original vision of an immutable chain, where code is law and chains should never be reversed, continued on the existing chain, which is now known as Ethereum.

Those who held ETH before the fork automatically received an equal amount of ETC—effectively getting it for free.

As of March 2025, ETC is trading at $16.80, lower than its value a year ago, which was $18.00. This marks a 6.7% decrease. Its market cap is approximately $2.54 billion, placing it in the top 30 cryptocurrencies.

While it doesn’t receive as much attention as Ethereum, ETC holds value for those who prefer a Proof-of-Work setup with dependable protocols. It’s known for its strong focus on network security, resistance to censorship, and system stability.

BlockDAG Beta Testnet Focuses on Key Performance Metrics

BlockDAG (BDAG) is a new cryptocurrency that is aiming to disrupt the industry with its unique technology and impressive performance.

The project’s Beta Testnet, known as Primordial, is a significant milestone in its development. It is a crucial stage for testing the system’s capabilities and resilience.

Primordial is designed with several key goals in mind, which will be reached within 30 days. The primary goal is to achieve a throughput of over 15,000 daily transactions.

This will be a testament to the system’s scalability and ability to handle a large volume of activity.

Furthermore, the aim is to have at least 200 active mining nodes on the network, demonstrating the community's involvement and the network's decentralization.

Additionally, the goal is to integrate at least 100 wallets to showcase the system’s accessibility and ease of use for users.

These objectives are pivotal for progressing to the next stage, which is the mainnet launch. Each goal is measurable, allowing for the project’s progress to be tracked.

Moreover, there is a reward system in place to encourage participation and contribution. At the time of launch, the BDAG token is planned to be sold at $0.05.

Those who rank high in mining activity

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