Algorand produced a block yesterday that contained 34,008 transactions with 100% success rate. That is over 12,000 TPS.
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Algorand Block with over 12k TPS You can take a look for yourself here: https://allo.info/block/47358864
This raises questions about the true effective throughput of networks. If a blockchain can theoretically do 50,000 TPS but 90% of transactions fail, what’s the real performance? There is so much bullshit and fraud in this space. Every transaction with a red exclamation mark is failed. https://solscan.io/block/322022354 Look at what the founder of Solana has to say about failed transactions. They actually succeded at returning a status code! lol… submitted by /u/gigabyteIO |