How does Hedera's transactions per second compare to other blockchain platforms for digital currencies?

3 answers

• Agata RichtaAug 01, 2021 · 4 years ago
  Hedera's transactions per second (TPS) is one of the highest among blockchain platforms for digital currencies. With an average TPS of over 10,000, Hedera outperforms many other popular platforms like Ethereum and Bitcoin. Its unique consensus algorithm, called Hashgraph, allows for fast and efficient transaction processing, making it an ideal choice for high-volume applications. Compared to Ethereum's TPS of around 15 and Bitcoin's TPS of 7, Hedera's performance is truly impressive. 🚀
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• Angelique StolsMay 15, 2022 · 3 years ago
  When it comes to transaction speed and scalability, Hedera is definitely a top contender in the blockchain space. With its innovative Hashgraph consensus algorithm, Hedera can handle thousands of transactions per second, far surpassing the capabilities of traditional blockchain platforms. This makes it an attractive option for businesses and developers looking for a fast and scalable solution for digital currency transactions. 💪
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• Daniel VictoriosoAug 14, 2024 · a year ago
  According to independent tests and reports, Hedera's transactions per second (TPS) consistently outperform other blockchain platforms for digital currencies. With its high TPS, Hedera offers a significant advantage in terms of transaction speed and scalability. It's worth noting that Hedera's TPS can vary depending on network conditions and usage, but it generally remains much higher than its competitors. This makes Hedera a strong contender for applications that require fast and efficient transaction processing. 🔥
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