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What is Transactions Per Second (TPS)?Within the domain of blockchain technology, the metric known as transactions per second (TPS) stands as a pivotal indicator of a network’s transaction processing capacity within a single second. The Bitcoin blockchain, as a prominent example, demonstrates an approximate average TPS of around 5, albeit with occasional variations. In stark contrast, Ethereum boasts the capability to handle a rough doubling of that transaction load. The advancement of technologies that amplify the transaction throughput of blockchains has emerged as a pivotal focus of research over the years. These decentralized networks present an entirely new set of challenges in terms of their potential to scale effectively to meet surging demand. Yet, the issue transcends mere augmentation of TPS. Conventional centralized databases can already adeptly manage thousands of transactions every second. For instance, VISA efficiently oversees a daily transaction volume of 1,500 to 2,000. This prompts the question: Why not readily opt for these existing solutions? The crux of the matter is that Bitcoin, Ethereum, and other blockchain platforms aspire to rival such efficiency while steadfastly upholding a high degree of decentralization. This lofty ideal of decentralization, however, incurs a trade-off involving performance and security. Consequently, the scalability solutions in play must not merely elevate the network’s operational speed but also uphold the full array of desirable blockchain attributes. Without this intricate balance, a blockchain effectively devolves into nothing more than an inefficient form of database storage. $ETH #WebGTR #TransactionsPerSecond #TPS #Blockchain #Ethereum

What is Transactions Per Second (TPS)?

Within the domain of blockchain technology, the metric known as transactions per second (TPS) stands as a pivotal indicator of a network’s transaction processing capacity within a single second.

The Bitcoin blockchain, as a prominent example, demonstrates an approximate average TPS of around 5, albeit with occasional variations. In stark contrast, Ethereum boasts the capability to handle a rough doubling of that transaction load.

The advancement of technologies that amplify the transaction throughput of blockchains has emerged as a pivotal focus of research over the years. These decentralized networks present an entirely new set of challenges in terms of their potential to scale effectively to meet surging demand.

Yet, the issue transcends mere augmentation of TPS. Conventional centralized databases can already adeptly manage thousands of transactions every second. For instance, VISA efficiently oversees a daily transaction volume of 1,500 to 2,000. This prompts the question: Why not readily opt for these existing solutions? The crux of the matter is that Bitcoin, Ethereum, and other blockchain platforms aspire to rival such efficiency while steadfastly upholding a high degree of decentralization.

This lofty ideal of decentralization, however, incurs a trade-off involving performance and security. Consequently, the scalability solutions in play must not merely elevate the network’s operational speed but also uphold the full array of desirable blockchain attributes. Without this intricate balance, a blockchain effectively devolves into nothing more than an inefficient form of database storage.

$ETH

#WebGTR #TransactionsPerSecond #TPS #Blockchain #Ethereum
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AkramKhanCrypto
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Bullish
#LINKUSDT.P
I am Bullish first it will drop till 14 and then will goes up
Entry Point 13.90 - 14.00
#TP1 14.30
#TP2 14.43
#TP3 14.70
Quantum Leap Update in Ethereum: Starknet Achieves High Transaction Speed!High transaction speed (TPS) on the Ethereum mainnet has been a long-standing aspiration, but according to Uri Kolodny, the co-founder and CEO of StarkWare, the recent Quantum Leap update in Starknet has made this dream a reality. The long-awaited Quantum Leap update of the Layer-2 scaling protocol Starknet has been deployed on the Ethereum mainnet, boosting the network's speed and achieving a transaction speed of up to 90 transactions per second (TPS). #TPS #Starknet Scaling Limits Broken: According to Uri Kolodny, this is a significant milestone for the Ethereum blockchain as scaling limits have been "broken." With the new update, he said, "High TPS has finally become a reality on the Ethereum mainnet." He further stated, "We had said that with this update, we could potentially achieve hundreds of TPS, and we were hopeful to stress test just to see if we reach our target. Even a few dozen TPS at this early stage would have excited us, but we achieved more than we hoped for." Kolodny also emphasized that they consistently achieved 37 TPS. Furthermore, during the tests, transfer transactions reached nearly 100 per second. Testnet and Exceeding Expectations: Starknet's Quantum Leap update was deployed on a testnet on July 5th, and speeds of up to three digits were recorded. During the testnet deployment, the team announced that they expected the "commitment time" to be around 15 seconds, meaning decentralized applications (DApps) could confirm transactions on the chain within seconds. However, reality surpassed this expectation. Kolodny stated, "We were targeting a latency below 15 seconds, and in the end, most transaction commitment times were below 10 seconds." Faster Decentralized Finance and AAA-Rated Games: According to the Starknet team, higher transaction capacity and faster commitment times will pave the way for faster decentralized finance (DeFi) applications. This will enable DeFi platforms to provide better services to their users and execute transactions more efficiently. Additionally, it will have a significant impact on the gaming world by making AAA-rated games more realistic within the network. Faster transaction speed will allow players to manage in-game assets and microtransactions more seamlessly, enhancing the gaming experience. In Summary: Starknet's Quantum Leap update has realized the anticipated high transaction speed on the Ethereum network, surpassing scaling limits. The new update presents a great opportunity for faster commitment times and higher TPS, benefiting decentralized finance applications and AAA-rated games. The Ethereum ecosystem can grow further and offer users an improved experience as a result of this development. #ETH #Ethereum $ETH

Quantum Leap Update in Ethereum: Starknet Achieves High Transaction Speed!

High transaction speed (TPS) on the Ethereum mainnet has been a long-standing aspiration, but according to Uri Kolodny, the co-founder and CEO of StarkWare, the recent Quantum Leap update in Starknet has made this dream a reality. The long-awaited Quantum Leap update of the Layer-2 scaling protocol Starknet has been deployed on the Ethereum mainnet, boosting the network's speed and achieving a transaction speed of up to 90 transactions per second (TPS). #TPS #Starknet

Scaling Limits Broken:

According to Uri Kolodny, this is a significant milestone for the Ethereum blockchain as scaling limits have been "broken." With the new update, he said, "High TPS has finally become a reality on the Ethereum mainnet." He further stated, "We had said that with this update, we could potentially achieve hundreds of TPS, and we were hopeful to stress test just to see if we reach our target. Even a few dozen TPS at this early stage would have excited us, but we achieved more than we hoped for." Kolodny also emphasized that they consistently achieved 37 TPS. Furthermore, during the tests, transfer transactions reached nearly 100 per second.

Testnet and Exceeding Expectations:

Starknet's Quantum Leap update was deployed on a testnet on July 5th, and speeds of up to three digits were recorded. During the testnet deployment, the team announced that they expected the "commitment time" to be around 15 seconds, meaning decentralized applications (DApps) could confirm transactions on the chain within seconds. However, reality surpassed this expectation. Kolodny stated, "We were targeting a latency below 15 seconds, and in the end, most transaction commitment times were below 10 seconds."

Faster Decentralized Finance and AAA-Rated Games:

According to the Starknet team, higher transaction capacity and faster commitment times will pave the way for faster decentralized finance (DeFi) applications. This will enable DeFi platforms to provide better services to their users and execute transactions more efficiently. Additionally, it will have a significant impact on the gaming world by making AAA-rated games more realistic within the network. Faster transaction speed will allow players to manage in-game assets and microtransactions more seamlessly, enhancing the gaming experience.

In Summary:

Starknet's Quantum Leap update has realized the anticipated high transaction speed on the Ethereum network, surpassing scaling limits. The new update presents a great opportunity for faster commitment times and higher TPS, benefiting decentralized finance applications and AAA-rated games. The Ethereum ecosystem can grow further and offer users an improved experience as a result of this development. #ETH #Ethereum $ETH
Can Inscriptions Speed Up Blockchain Networks? ⚙️ The surge in blockchain inscriptions, notably on chains like Arbitrum and #BNB Chain, has driven record transaction speeds. Data highlights daily peaks in transactions per second (#TPS ) on various chains due to inscriptions, prompting spikes in throughput. Chains like Goerli, #zkSync , Gnosis, BNB, Fantom, Celo, Avalanche, and Polygon set TPS records. Avalanche and Optimism broke hourly TPS records. However, this trend stresses existing infrastructure, leading to outages in networks like Arbitrum and zkSync. Despite challenges, inscriptions serve as a stress test, showcasing the need for scalable subnets to handle increased loads. #Binance #crypto2023
Can Inscriptions Speed Up Blockchain Networks? ⚙️

The surge in blockchain inscriptions, notably on chains like Arbitrum and #BNB Chain, has driven record transaction speeds.

Data highlights daily peaks in transactions per second (#TPS ) on various chains due to inscriptions, prompting spikes in throughput.

Chains like Goerli, #zkSync , Gnosis, BNB, Fantom, Celo, Avalanche, and Polygon set TPS records.

Avalanche and Optimism broke hourly TPS records. However, this trend stresses existing infrastructure, leading to outages in networks like Arbitrum and zkSync.

Despite challenges, inscriptions serve as a stress test, showcasing the need for scalable subnets to handle increased loads.

#Binance
#crypto2023
Avalanche (AVAX) Kritik NoktadaSon birkaç gündür özellikle yüksek tutardaki kilit açılımı haberleriyle gündeme gelen Avalanche ( #AVAX ) sert bir düşüş gerçekleştirerek 10 USDT seviyelerinin altına geriledi. Bu gerileme sonrası #Avalanche ( AVAX ) fiyatının kilit açılımları sonrası tekrar yukarı yönlü bir trende başlayıp başlayamayacağı merak ediliyor. Teknik anlamda aşağıdaki grafikte gördüğünüz gibi aşağı yönlü bir trend hakim. İki adet yeşil destek ve direnç arasındaki aşağı ve yukarı yönlü hareketine devam edecektir. İlk olarak 14.3 USDT seviyesindeki direnç bölgesini denemesi oldukça mümkün. Bu nokta aynı zamanda uzun süredir gelen aşağı yönlü trendin de direnç noktasına çok yakın. Bu sebeple kısa vadede bu seviyenin geçilmesi ihtimali oldukça düşük duruyor. Yatırım Tavsiyesi Değildir. DYOR. AvaxUsdt Daily Avalanche (AVAX) Nedir? Ne İşe Yarar? Özellikleri Nelerdir? Avalanche (AVAX), merkeziyetsiz finans ( #DeFi ), merkezi olmayan uygulamalar (dApp'ler) ve diğer blok zinciri projeleri için güvenli, ölçeklenebilir ve hızlı bir platformdur. Avalanche, üç katmanlı bir mimariye sahiptir: X-Chain: Temel işlemler ve varlıklar için kullanılan katmandır. C-Chain: Akıllı sözleşmeler ve dApp'ler için kullanılan katmandır. P-Chain: Ağın güvenliğini ve koordinasyonunu sağlayan katmandır. Avalanche, Avalanche Consensus adı verilen yeni bir konsensus mekanizması kullanır. Bu mekanizma, Avalanche'in saniyede 4.500'e kadar işlemi ( #TPS ) işlemesine ve işlem ücretlerini düşük tutmasına olanak tanır. Avalanche'ın başlıca özellikleri şunlardır: Hız: Avalanche, saniyede 4.500'e kadar işlemi (TPS) işleyebilir. Bu, Ethereum'un 15 TPS'sinden çok daha fazladır. Ölçeklenebilirlik: Avalanche, ölçeklenebilirlik sorununu çözmek için Avalanche Consensus adı verilen yeni bir konsensus mekanizması kullanır. Bu mekanizma, Avalanche'in gelecekte büyümesine olanak tanır. Güvenlik: Avalanche, Avalanche Consensus adı verilen yeni bir konsensus mekanizması kullanır. Bu mekanizma, Avalanche'in %51 saldırılarına karşı dayanıklı olmasını sağlar. Uyumluluk: Avalanche, Ethereum uyumludur. Bu, Ethereum 'da çalışan dApp'lerin Avalanche'de de çalışabilmesini sağlar. Avalanche, DeFi, merkezi olmayan uygulamalar (dApp'ler) ve diğer blok zinciri projeleri için önemli bir platformdur. Hızlı, ölçeklenebilir ve güvenli bir platform olarak, Avalanche bu alanlarda yenilik yapma potansiyeline sahiptir. Avalanche'ın kullanım alanları şunlardır: DeFi: Avalanche, DeFi uygulamaları için güvenli ve ölçeklenebilir bir platform sağlar. Merkezi olmayan uygulamalar (dApp'ler): Avalanche, dApp'ler için hızlı ve güvenli bir platform sağlar. Diğer blok zinciri projeleri: Avalanche, diğer blok zinciri projeleri için bir altyapı platformu sağlar. Avalanche'ın yerel token'ı AVAX, Avalanche ağındaki işlemler için kullanılır. AVAX ayrıca yönetişim token'ı olarak da kullanılır. $AVAX $SOL $ETH

Avalanche (AVAX) Kritik Noktada

Son birkaç gündür özellikle yüksek tutardaki kilit açılımı haberleriyle gündeme gelen Avalanche ( #AVAX ) sert bir düşüş gerçekleştirerek 10 USDT seviyelerinin altına geriledi. Bu gerileme sonrası #Avalanche ( AVAX ) fiyatının kilit açılımları sonrası tekrar yukarı yönlü bir trende başlayıp başlayamayacağı merak ediliyor.

Teknik anlamda aşağıdaki grafikte gördüğünüz gibi aşağı yönlü bir trend hakim. İki adet yeşil destek ve direnç arasındaki aşağı ve yukarı yönlü hareketine devam edecektir. İlk olarak 14.3 USDT seviyesindeki direnç bölgesini denemesi oldukça mümkün. Bu nokta aynı zamanda uzun süredir gelen aşağı yönlü trendin de direnç noktasına çok yakın. Bu sebeple kısa vadede bu seviyenin geçilmesi ihtimali oldukça düşük duruyor.

Yatırım Tavsiyesi Değildir. DYOR.

AvaxUsdt Daily

Avalanche (AVAX) Nedir? Ne İşe Yarar? Özellikleri Nelerdir?

Avalanche (AVAX), merkeziyetsiz finans ( #DeFi ), merkezi olmayan uygulamalar (dApp'ler) ve diğer blok zinciri projeleri için güvenli, ölçeklenebilir ve hızlı bir platformdur.

Avalanche, üç katmanlı bir mimariye sahiptir:

X-Chain: Temel işlemler ve varlıklar için kullanılan katmandır.

C-Chain: Akıllı sözleşmeler ve dApp'ler için kullanılan katmandır.

P-Chain: Ağın güvenliğini ve koordinasyonunu sağlayan katmandır.

Avalanche, Avalanche Consensus adı verilen yeni bir konsensus mekanizması kullanır. Bu mekanizma, Avalanche'in saniyede 4.500'e kadar işlemi ( #TPS ) işlemesine ve işlem ücretlerini düşük tutmasına olanak tanır.

Avalanche'ın başlıca özellikleri şunlardır:

Hız: Avalanche, saniyede 4.500'e kadar işlemi (TPS) işleyebilir. Bu, Ethereum'un 15 TPS'sinden çok daha fazladır.

Ölçeklenebilirlik: Avalanche, ölçeklenebilirlik sorununu çözmek için Avalanche Consensus adı verilen yeni bir konsensus mekanizması kullanır. Bu mekanizma, Avalanche'in gelecekte büyümesine olanak tanır.

Güvenlik: Avalanche, Avalanche Consensus adı verilen yeni bir konsensus mekanizması kullanır. Bu mekanizma, Avalanche'in %51 saldırılarına karşı dayanıklı olmasını sağlar.

Uyumluluk: Avalanche, Ethereum uyumludur. Bu, Ethereum 'da çalışan dApp'lerin Avalanche'de de çalışabilmesini sağlar.

Avalanche, DeFi, merkezi olmayan uygulamalar (dApp'ler) ve diğer blok zinciri projeleri için önemli bir platformdur. Hızlı, ölçeklenebilir ve güvenli bir platform olarak, Avalanche bu alanlarda yenilik yapma potansiyeline sahiptir.

Avalanche'ın kullanım alanları şunlardır:

DeFi: Avalanche, DeFi uygulamaları için güvenli ve ölçeklenebilir bir platform sağlar.

Merkezi olmayan uygulamalar (dApp'ler): Avalanche, dApp'ler için hızlı ve güvenli bir platform sağlar.

Diğer blok zinciri projeleri: Avalanche, diğer blok zinciri projeleri için bir altyapı platformu sağlar.

Avalanche'ın yerel token'ı AVAX, Avalanche ağındaki işlemler için kullanılır. AVAX ayrıca yönetişim token'ı olarak da kullanılır. $AVAX $SOL $ETH
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- Starknet, as reported by starkscan data and ODAILY, has attained a new record peak transactions per second (TPS) of 126. - The average daily #TPS stood at 5.67, nearing the previous all-time high of 6.49. - The time estimate for processing a single transaction has notably reduced to just 2 seconds. A finely crafted #ZK engine fuelled by a programming language tailored for performance = #Starknet is the Lamborghini of #Ethereum scaling $ETH
- Starknet, as reported by starkscan data and ODAILY, has attained a new record peak transactions per second (TPS) of 126.

- The average daily #TPS stood at 5.67, nearing the previous all-time high of 6.49.

- The time estimate for processing a single transaction has notably reduced to just 2 seconds.

A finely crafted #ZK engine fuelled by a programming language tailored for performance = #Starknet is the Lamborghini of #Ethereum scaling

$ETH