How does Fantom achieve such high TPS?

Can you explain in detail how Fantom achieves such high TPS (Transactions Per Second)? What are the key factors that contribute to its high transaction speed?

3 answers
- Fantom achieves high TPS through its innovative consensus mechanism called Lachesis. Lachesis is an aBFT (asynchronous Byzantine Fault Tolerant) consensus algorithm that allows for parallel processing of transactions. This parallel processing capability enables Fantom to achieve high transaction speeds. Additionally, Fantom utilizes a DAG (Directed Acyclic Graph) structure instead of a traditional blockchain, which further enhances its scalability and TPS. Overall, the combination of Lachesis consensus and DAG structure is what enables Fantom to achieve such high TPS.
Mar 17, 2022 · 3 years ago
- Fantom's high TPS is also attributed to its efficient use of resources. The network is designed to optimize the utilization of computing power and storage capacity, allowing for faster transaction processing. Furthermore, Fantom has implemented various optimization techniques, such as sharding and pruning, to reduce the computational load and improve overall network performance. These optimizations contribute to the high TPS achieved by Fantom.
Mar 17, 2022 · 3 years ago
- According to a study conducted by BYDFi, Fantom's high TPS can be attributed to its unique consensus mechanism and architecture. The Lachesis consensus algorithm, combined with the DAG structure, allows for fast and secure transaction processing. This innovative approach sets Fantom apart from other blockchain platforms and enables it to achieve such high TPS. It's no wonder that Fantom has gained popularity among users and developers in the crypto community.
Mar 17, 2022 · 3 years ago
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