- 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.
Did you know that SKALE is the world’s fastest blockchain?
A study conducted by @Voxchain evaluated the performance of 8 popular blockchains: Ethereum, Polygon, Solana, Fantom, Avalanche, NEAR, Flow, and SKALE.
SKALE emerged as the top-performing blockchain, with a TPS of… pic.twitter.com/nEM8tVb9jF
— SKALE (@SkaleNetwork) October 24, 2023
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.
