Blockchains are known for their ability to process transactions securely and in a decentralized manner. However, not all are equal in terms of performance. This article explores in depth the ten most performant blockchains currently, based on their ability to handle a high number of transactions per second (TPS) daily. We will discover blockchains like Solana, Sui, and others, which stand out for their speed and efficiency.
Solana
The Solana network stands out significantly with a daily average of 1,053.7 TPS. This blockchain is designed to provide great efficiency and speed in processing transactions, thus surpassing many other networks. Solana benefits from its unique architecture and technological innovations to deliver top-level performance.
Sui
Sui is another blockchain that shines for its speed. With similar characteristics to Solana, Sui also manages to process a large number of transactions very quickly. This performance is made possible by its optimized consensus mechanisms and robust network structure.
Ethereum
Despite its popularity, Ethereum cannot compete in terms of TPS with some of the newer blockchains. Ethereum supports about 15 TPS. However, with the introduction of layer 2 solutions, such as Optimistic Rollup and ZK-Rollup, Ethereum’s transactional capabilities are on the path to significant improvement.
Bitcoin
Bitcoin, the first and most well-known cryptocurrency, is known for its robustness and security. However, in terms of transactional performance, it remains limited to about 7 TPS. The proof-of-work system on which Bitcoin relies is partly responsible for this limitation.
Litecoin
Designed to be faster than Bitcoin, Litecoin can process transactions by adding a new block to its blockchain approximately every 2.5 minutes. This relative speed makes it a more agile solution and allows for better scalability compared to Bitcoin.
Binance Smart Chain (BSC)
The Binance Smart Chain (BSC) is designed to provide impressive speeds with full compatibility within the Ethereum ecosystem. BSC can process up to 100 TPS, making it extremely competitive in the field of decentralized applications (dApps) and smart contracts.
Cardano
With an academic and methodological approach, Cardano offers a scalable and highly secure blockchain. Currently, Cardano can process around 257 TPS, and ambitious projects are underway to further improve this performance.
Tron
Tron was developed to provide a decentralized platform capable of supporting digital content. Thanks to its optimized infrastructure, Tron can handle up to 2,000 TPS, making it one of the most performant blockchains for content applications.
Algorand
Known for its processing speed and low latency, Algorand can process around 1,000 TPS. With its unique consensus mechanism called Pure Proof-of-Stake (PPoS), Algorand offers robust security while maintaining high performance.
EOS
EOS aims to provide infrastructure for high-performance decentralized applications. Able to handle up to thousands of TPS thanks to its DPoS (Delegated Proof-of-Stake) architecture, EOS is a blockchain designed for scalability and speed.