#Vitalik Buterin: Ethereum Will Eventually Achieve 1 Million Transactions Per Second

nixon73 (49)in #cryptocurrency • 7 years ago

Vitalik Buterin, the creator of Ethereum, has explained in a recent OmiseGO AMA session that with second-layer solutions such as Sharding and Plasma, the Ethereum network will eventually be able to process 1 million transactions per second and potentially more than 100 million transactions per second.

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“So if you get a 100x from Sharding and a 100x from Plasma, those two basically give you a 10,000x scalability gain, which basically means blockchains will be powerful enough to handle most applications most people are trying to do with them,” Buterin added...Click here to know the details story