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How does Arbitrum's TPS compare to other popular cryptocurrencies?

avatarHenningsen BraggDec 25, 2021 · 3 years ago3 answers

Can you provide a detailed comparison of Arbitrum's TPS (Transactions Per Second) with other well-known cryptocurrencies? How does it stack up against the likes of Bitcoin, Ethereum, and other popular digital currencies in terms of transaction speed?

How does Arbitrum's TPS compare to other popular cryptocurrencies?
Arbitrum
TPS
Cryptocurrencies

3 answers

  • avatarDec 25, 2021 · 3 years ago
    Arbitrum's TPS is significantly higher compared to Bitcoin and Ethereum. While Bitcoin can handle around 7 transactions per second and Ethereum around 15 transactions per second, Arbitrum boasts an impressive TPS of over 4,000. This makes it a much faster and more scalable option for conducting transactions.
  • avatarDec 25, 2021 · 3 years ago
    When it comes to TPS, Arbitrum outshines most other cryptocurrencies. Its high transaction speed is achieved through a combination of innovative technology and efficient consensus algorithms. This allows for faster confirmation times and a smoother user experience compared to slower networks like Bitcoin and Ethereum.
  • avatarDec 25, 2021 · 3 years ago
    Arbitrum's TPS is one of the highest in the industry, surpassing many popular cryptocurrencies. With a TPS of over 4,000, it offers lightning-fast transaction processing, making it an ideal choice for high-volume trading and decentralized applications. BYDFi, a leading digital asset exchange, has integrated Arbitrum to provide its users with fast and efficient trading experiences.

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