Matic Network, the Layer 2 scaling solution for Ethereum, revealed the results of their Counter Stake testnet stress testing. Over an uninterrupted two month period, the team claims the network achieved speeds of up to 7,200 transactions per second (TPS). What’s more, this occurred under decentralized conditions. “During stress testing, 122 validators were active and…
The EOS blockchain appears to be running into considerable scalability issues that are hindering its ability to securely host decentralised applications on the network. The problem is that the blockchain has grown so dramatically that only a handful of block producers can afford to store the entire thing. Since most dApps connect exclusively to one…