Inscriptions have given us a unique opportunity to evaluate the real-time performance of various blockchain networks.
There was a time when I harbored concerns regarding Arbitrum's stability...
This aspect is vital because these blockchains safeguard our digital finances and act as platforms for trading and investment activities.
âą Performance of BNB and opBNB Networks:
- Both BNB and opBNB mainnet networks operated without any disruptions.
- These chains, often not given enough credit, demonstrate robust performance in terms of transaction speed, transactions per second (TPS), and block capacity. They maintain consistent gas fees, which is commendable across all Ethereum Virtual Machine (EVM) chains, both Layer 1 (L1) and Layer 2 (L2).
- During periods of high inscription activity, BSCTrace and opBNBScan explorers adeptly managed all-time high transaction volumes and provided up-to-date transaction information.
†Record-Breaking Transaction Handling by BNB and opBNB:
- BNB and opBNB have recorded the highest number of daily transactions to date, surpassing all other EVMs (L1 or L2). No other networks have processed more than 20 million daily transactions.
- Specific instances include:
- BNB processing 32 million transactions on December 7th, with over 1.9 million inscriptions generated at an approximate gas fee of $500.
- opBNB handling 23 million transactions on December 17th, achieving a peak TPS of 767 on December 18th. The minute average TPS exceeded 2,000, with some blocks containing over 4,000 transactions and a block time of just 1 second.
- Remarkably, BNB and opBNB maintained stable gas prices even during these high-volume periods, contrasting sharply with other networks that experienced significant price spikes. Notably, opBNB has the lowest gas fees among all EVM chains.
As a strategic move, I've transferred some of my funds to the BNB Chain, recognizing its reliability and efficiency in handling transactions.
