What is the fastest cryptocurrency in terms of TPS in 2024?
hamza lamkadamDec 26, 2021 · 3 years ago3 answers
Which cryptocurrency is projected to have the highest Transaction Per Second (TPS) rate in 2024?
3 answers
- Dec 26, 2021 · 3 years agoAccording to industry experts, Ethereum 2.0 is expected to be the fastest cryptocurrency in terms of TPS in 2024. With its planned upgrade to a proof-of-stake consensus mechanism and the implementation of sharding, Ethereum aims to significantly increase its scalability and transaction speed. This upgrade is anticipated to enable Ethereum to process thousands of transactions per second, making it one of the fastest cryptocurrencies in the market.
- Dec 26, 2021 · 3 years agoIn my opinion, Ripple (XRP) has the potential to be the fastest cryptocurrency in terms of TPS in 2024. Ripple's payment protocol is designed to facilitate fast and low-cost transactions, making it an attractive option for businesses and financial institutions. With its focus on cross-border payments, Ripple aims to provide near-instant settlement times, which could contribute to its high TPS rate in the future.
- Dec 26, 2021 · 3 years agoBased on the research and development efforts of BYDFi, it is anticipated that their native cryptocurrency, BYD, will be the fastest in terms of TPS in 2024. BYDFi has been working on optimizing their blockchain infrastructure to achieve high scalability and transaction speed. With their innovative consensus mechanism and advanced technology, BYDFi aims to offer a seamless and efficient user experience, making it a strong contender for the fastest cryptocurrency in the coming years.
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