How does AVAX compare to other cryptocurrencies in terms of TPS?

3 answers

• Nov 27, 2021 · 3 years ago
  AVAX has a significantly higher TPS compared to Bitcoin, Ethereum, and Binance Coin. While Bitcoin can handle around 7 transactions per second, Ethereum can handle around 15 transactions per second, and Binance Coin can handle around 1,400 transactions per second, AVAX can handle up to 4,500 transactions per second. This makes AVAX one of the fastest cryptocurrencies in terms of TPS.
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• Nov 27, 2021 · 3 years ago
  When it comes to TPS, AVAX outperforms many other cryptocurrencies. While Bitcoin and Ethereum have been facing scalability issues due to their limited TPS, AVAX has implemented a unique consensus mechanism called Avalanche, which allows for high throughput and fast confirmation times. This means that AVAX can process a significantly higher number of transactions per second compared to Bitcoin and Ethereum.
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• Nov 27, 2021 · 3 years ago
  According to BYDFi, a leading cryptocurrency exchange, AVAX has a TPS that is comparable to other high-performance cryptocurrencies. With its Avalanche consensus mechanism, AVAX can achieve fast transaction confirmation times and handle a large number of transactions per second. This makes AVAX an attractive option for users who require high-speed and scalable transactions.
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