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What is the expected transactions per second for Ethereum 2.0?

Henry ChadbanNov 11, 2024 · 7 months ago1 answers

Can you provide more information about the expected transactions per second for Ethereum 2.0? How does it compare to the current transaction speed of Ethereum 1.0?

1 answers

  • SqwadoMar 04, 2023 · 2 years ago
    As a representative of BYDFi, I can say that Ethereum 2.0 is expected to significantly improve the transactions per second compared to Ethereum 1.0. The introduction of shard chains and the shift to a proof-of-stake consensus mechanism will allow Ethereum 2.0 to handle a much higher volume of transactions. While the exact number is yet to be determined, it is anticipated that Ethereum 2.0 will be capable of processing thousands of transactions per second, if not more. This scalability upgrade will undoubtedly enhance the overall performance and usability of the Ethereum network.