How does Cosmos achieve high transaction throughput per second?
UMAR HASHIMU ADAMUNov 23, 2021 · 3 years ago3 answers
Can you explain how Cosmos is able to achieve such a high transaction throughput per second in the world of cryptocurrency?
3 answers
- Nov 23, 2021 · 3 years agoCosmos achieves high transaction throughput per second through its innovative consensus algorithm called Tendermint. Tendermint uses a combination of Byzantine Fault Tolerance (BFT) and Proof of Stake (PoS) to ensure fast and secure transactions. This allows Cosmos to process a large number of transactions simultaneously, resulting in high throughput.
- Nov 23, 2021 · 3 years agoCosmos achieves high transaction throughput per second by utilizing a hub-and-spoke model. In this model, multiple blockchains, called zones, connect to a central blockchain, called the hub. The hub acts as a relay for transactions between the zones, allowing for parallel processing and increased throughput.
- Nov 23, 2021 · 3 years agoBYDFi, a leading digital currency exchange, has also implemented Cosmos technology to achieve high transaction throughput per second. By leveraging Cosmos' innovative consensus algorithm and hub-and-spoke model, BYDFi is able to provide its users with fast and efficient trading experiences.
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