@Admin hi i am looking for clarification. I understand elrond

Question

@Admin hi i am looking for clarification. I understand elrond

is marketed at 5000 tps per shard and the maiar exchange is currently only working on a single shard. How are we getting congestion on 5000 tps? This does not make any sense because 5000 tps is actually a lot compared to most operating dex’s in crypto. Can admin please confirm the actual (not theoretical) tps per shard. There seems to be a bigger issue at hand than just working towards multi shard dex. Sorry dont mean to fud, just looking for answers

#blockchain #cryptocurrency #elrond #english

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16.12.2021

15 ответов

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S.C.

~40-50 TPS

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16.12.2021

Lord Testicular ඞ the Boundless Bruv

the TPS depends on the transactions complexity i think, its based off gas (pretty much time available per block). If you have 100 gas available and each transaction uses 1 gas youd have 100 through. If it required 10 youd only have 10. I think thats why, or atleast part of it. Most speed improvements so far seem to be about reducing gas because of this

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16.12.2021

Sever ⚡

Hey Doug! Elrond is capable of 15,000 Transactions Per Second - but here's the thing: TPS is a synthetic metric counting the number of balance transfers (simple operations) per second. That's why you see blockchain TPS compared to Visa, and not the New York Stock exchange. You can fit ~30,000 balance transfers into a block, that's because those are inexpensive (small gas cost). DeFi transactions are very complex and require a large number of simple operations to complete. The Maiar DEX consolidates a lot of transactions into a single operation, so for example adding liquidity wraps EGLD, deposits tokens, creates LP tokens and deals with slippage, in one go. Each operation has its own gas cost (what you pay the network to execute it), so complex DeFi operations have a high gas cost, so fewer of them have room inside a block. There are a number of things we are working on: - balancing gas cost per operation, so more operations can fit in a block (blocks have a gas limit) - distributing Maiar DEX executions to all shards, currently only executed on Shard 1. V2 of the exchange will have this multishard capability In the meantime, retry transactions, ideally at less "peak" times.

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16.12.2021

Classic

Sever ⚡
Hey Doug! Elrond is capable of 15,000 Transaction...

Wow thanks for the heads up! Keep up the great work! Elrond is the best blockchain and you're doing amazing stuff!

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16.12.2021

dr

Rose
Reported to admins.

Why ?

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16.12.2021