What is the TPS (Transactions per second)? See this article on

Question

What is the TPS (Transactions per second)? See this article on

scaling solutions

TPS: v5 should be possible of 47.5tx/s - improvements ontop of this still possible.

Scaling Layers
- L0: Numerous efficiency improvements in the node have been completed starting from v4.0.8, 20-50x gains are still possible here. Quick bootstrapping using NiPoPoWs proofs and UTXO set snapshots are planned.
- L1: Ergo has an extension section in its code that allows the implementation of a wide variety of scaling solutions such as Sharding, Hydra, or BitcoinNG-style macroblocks. This even lets us do generic sidechains with velvet or soft forks.
- L2 (off-chain) - Ergo should be compatible with the Lightning Network, Rainbow Network, and many more. The implementation here will depend on the needs of the applications being built on Ergo.

> The general idea, roughtly, is that large chunks of transactions can happen in layer 2 and the whole chunks will be settled in Ergo blockchain using single transaction. Thanks to the high flexibility of ErgoScript programming model, many different protocols will be possible on layer2, each one solving scalability problem in a specific domain (like simple payment transactions).

> Thus, Ergo blockchain can be thought as common settlement layer for many level2 protocol and applications.

#cryptocurrency #english #ergo

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19.11.2021

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obelix

Wdym private ring chain?

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20.11.2021

Glasgow｜WON’T DM Автор вопроса

obelix
Wdym private ring chain?

That's what their website says. Hybrid public/private blockchain. There's also discussions on r/ergonauts. Can't link cause the Reddit app is a pos.

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20.11.2021

obelix · Accepted Answer

obelix

So after reading this. Do you have a rationale as to why you would use these kinds of scaling solutions rather than something like Chainweb (from Kadena)?

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20.11.2021

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What is the TPS (Transactions per second)? See this article on

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