Aelf, a blockchain project aiming at enterprise-grade scalability, ran successful simulations on the testnet, reaching 14,698 transactions per second. Aelf launched its testnet in July, and has been constantly optimizing and iterating the blockchain parameters.
Aelf uses a semi-decentralized ecosystem, known as a cluster node ecosystem. This enables Aelf to reach much higher speeds than other blockchains. Even the fastest blockchains like EOS peaked at 3972 transactions per second in real life. To compare, VISA habitually works through 1,600 transactions per second, albeit 23,000 TPS in peak conditions. Bitcoin’s network handles 4-5 TPS.
The success of the tests ran this August may be repeated. Aelf plans to ...
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