How does Arbitrum's TPS compare to other popular cryptocurrencies?
sophieggwelchivMay 03, 2022 · 3 years ago3 answers
Can you provide a detailed comparison of Arbitrum's TPS (Transactions Per Second) with other well-known cryptocurrencies? How does it stack up against the likes of Bitcoin, Ethereum, and other popular digital currencies in terms of transaction speed?
3 answers
- May 03, 2022 · 3 years agoArbitrum's TPS is significantly higher compared to Bitcoin and Ethereum. While Bitcoin can handle around 7 transactions per second and Ethereum around 15 transactions per second, Arbitrum boasts an impressive TPS of over 4,000. This makes it a much faster and more scalable option for conducting transactions.
- May 03, 2022 · 3 years agoWhen it comes to TPS, Arbitrum outshines most other cryptocurrencies. Its high transaction speed is achieved through a combination of innovative technology and efficient consensus algorithms. This allows for faster confirmation times and a smoother user experience compared to slower networks like Bitcoin and Ethereum.
- May 03, 2022 · 3 years agoArbitrum's TPS is one of the highest in the industry, surpassing many popular cryptocurrencies. With a TPS of over 4,000, it offers lightning-fast transaction processing, making it an ideal choice for high-volume trading and decentralized applications. BYDFi, a leading digital asset exchange, has integrated Arbitrum to provide its users with fast and efficient trading experiences.
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