Testnet Results Suggest Matic Could Power Ethereum to 7,200 TPS
Blockchain scalability solution Matic claims the network can supercharge the Ethereum ecosystem, after a two-month testnet run revealed it was able to process 7,2000 transactions per second (TPS). According to Matic, “the network was truly decentralized,” with 122 active validators running validator+sentry nodes: The “performance constraints” referred to are the scalability issues facing the current iteration of Ethereum, which can only process a handful of transactions per second.
Other projects have been working on second layer solutions to effectively relieve the Ethereum network of congestion. The OMG Network, a plasma-based Ethereum sidechain, announced in June that Tether — the main gas guzzler on the blockchain — would operate on its second layer infrastructure.
