To build a web scale blockchain that can enable future decentralised applications that will disrupt and help automate many current industries, we need a truly scalable blockchain. We covered this already, in How Fast Can Solana Blockchain Get? post, however we should be aiming for smaller achievable goals first.

The first goal is the race to one million Transactions Per Second (TPS).

1M TPS may sounds like a vanity metric, but a lot of blockchain leaders are making that statement publicly:

However, over at Hackernoon mid-2019 did a nice blockchain round-up, with Ethereum only coming in at 15-25 TPS. Furthermore, Bitcoin came in at 7 TPS, Ripple at 1500 TPS, EOS at 4000 TPS and Fleta 15,000 TPS.

Who Scales It Best? Blockchains’ TPS Analysis (Hackernoon, 2019)

We’ve already seen Solana get to 56,000 TPS in MainNet Beta. Based on our Solana.Blog poll, we had an overwhelming response from our readers, with Solana coming out on top. There is no surprises there! 🙂

Which Blockchain Will Scale to 1,000,000 TPS First ?

Its about real usage, not fake bot traffic

Let’s get real though. We want De-Fi (Decentralised Finance) applications to be successful, so they can disrupt the banking industry through using smart contracts to automate highly repetitive, inefficient and labourious business processes.

We want large web-scale applications to be hosted upon our Solana infrastructure!

Check out the high operational activity projects at Blocktivity

Got the next blockchain application that needs to massively scale?

Feel free to start building with the Solana code, get assistance via the Solana Accelerator or reach out to the team at Solana.

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