Hamster Network has achieved a significant milestone by processing 34,028 transactions per second (TPS), setting a new performance record and surpassing major blockchain platforms like Aptos, Solana, and Algorand.
To put it in perspective:
- Aptos processes 11,936 TPS
- Solana processes 7,229 TPS
- Algorand processes 5,716 TPS
What is TPS?
TPS, or transactions per second, is a critical metric for blockchain networks, indicating how efficiently a system can handle a high volume of transactions. A higher TPS signifies better scalability and smoother performance, making it ideal for decentralized applications (DApps) that require fast transaction processing.
Impact on DApps and Web3
With Hamster Network’s impressive TPS, decentralized applications, especially in gaming and finance, will benefit from more seamless operation. Games and financial tools that rely on blockchain transactions can now deliver smoother, lag-free experiences to users, enhancing the overall appeal of Web3 applications.
The Role of Hamster Network’s Layer 2 Solution
The network’s success is further supported by its recent launch of a Layer 2 network on the Open Network (TON) blockchain. By leveraging TON’s technology, Hamster Network is able to provide low-cost infrastructure for decentralized gaming applications, advancing the Web3 gaming experience and positioning itself as a leader in blockchain performance.
Hamster Network’s impressive TPS performance sets a new benchmark for blockchain scalability and could potentially accelerate the adoption of decentralized applications across various industries.
Related topics:
XRP Price Surges 38% After Trump Includes It in U.S. Crypto Strategic Reserve
