Thu, November 14

SKALE Outperforms Major Blockchains as the Fastest

SKALE Outperforms Major Blockchains as the World’s Fastest Blockchain News
  • SKALE was found to be the most efficient due to its 397.7 TPS and 1.46 second TTF. 
  • The SKALE community has saved over $2 billion USD in gas fees.

Dartmouth Blockchain has tested many of the most well-known blockchains in realistic settings and published their findings on their performance metrics.  Eight prominent blockchains were tested and compared.

Among them, SKALE was found to be the most efficient due to its 397.7 TPS and 1.46 second TTF. Transactions per second (TPS) and time to finality (TTF) ratings for most alternative blockchain networks were much lower.

Solana (375.31 TPS), Flow (60.1 TPS), Avalanche (49.68 TPS), Polygon (20.92 TPS), Ethereum (12.23 TPS), and NEAR (6.22 TPS) are among the tested chains. Also, as of this writing, the SKALE network is made up of 20 independent, Ethereum Virtual Machine (EVM) blockchains. Each of which can process transactions at a rate of 397.7 TPS. An astounding 7,954 TPS is achieved over the whole SKALE network.

Infinite Scalability

Moreover, the modular nature of SKALE means that there is no limit to the number of new SKALE Chains that may be built, allowing for potentially infinite scalability.

SKALE is an Ethereum-specific blockchain scaling solution that aims to build a network of interoperable, sharded blockchains. Also, with SKALE, users may create a limitless number of rapid, on-demand, pooled-security Blockchains at no cost to them in terms of gas. The SKALE community has saved over $2 billion USD in gas fees.

Furthermore, developers may use SKALE to quickly and easily construct a secure, decentralized, and interoperable EVM blockchain. SKALE is an entirely decentralized, open source, and community-run initiative. The network has reached over 1.6 million unique wallets and over 675,000 active users in the last month, making this a huge milestone.

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Content writer by profession. A crypto lover and has passion for writing. Follows the developments of digital currency right from its launch, years ago.