What is the current transactions per second rate of Fantom in the cryptocurrency market?
Lukas NeubauerJan 14, 2022 · 3 years ago3 answers
Can you provide information on the current transactions per second rate of Fantom in the cryptocurrency market? I'm interested in knowing how fast the Fantom network can process transactions.
3 answers
- Jan 14, 2022 · 3 years agoThe current transactions per second rate of Fantom in the cryptocurrency market is approximately 7,000. This makes Fantom one of the fastest blockchain networks in terms of transaction speed. With such high throughput, Fantom is able to handle a large number of transactions efficiently and quickly.
- Jan 14, 2022 · 3 years agoFantom's transactions per second rate in the cryptocurrency market is quite impressive. It currently stands at around 7,000, which is significantly higher than many other blockchain networks. This high transaction speed is made possible by Fantom's innovative consensus mechanism and architecture.
- Jan 14, 2022 · 3 years agoAccording to my research, Fantom currently has a transactions per second rate of approximately 7,000 in the cryptocurrency market. This high transaction speed is achieved through the use of a directed acyclic graph (DAG) architecture, which allows for parallel processing of transactions. It's worth noting that this rate can vary depending on network congestion and other factors.
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