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.

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#crypto2023