IOTA Reaches Over 250 Transactions Per Second After Major Network Upgrade, Capable of Reaching Over 1000
Disclaimer: I am currently invested in IOTA
Prior to the Chrysalis update yesterday, IOTA was consistently hitting around 10 transactions per second. Today, IOTA has hit over 250 transactions per second. The amount of transactions per second is fluctuating due to demand, but if the results of the recent test nets prior to this upgrade hold true, then IOTA is currently capable of hitting over 1,000 transactions per second.
Much like NANO, IOTA is a feeless DAG. Unlike NANO, IOTA is aiming to be more than currency. The Chrysalis upgrade has made IOTA extremely efficient, improving performance 25 – 100 fold.
edit: take a look at the explorer and visualizer here.
submitted by /u/joeyb908
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