04-24-2021, 04:11 PM
PSA: Cardano (ADA) runs at SEVEN (7) transactions per second. Full sources and calcu
<!-- SC_OFF --><div class="md"><p>There are 3 things that determine transaction speed: block size, block time and transaction size. Let's look at all 3 for Cardano.</p> <ol> <li>Block size. The maximum size of a block is 65536bytes.</li> </ol> <p>Here is the source: <a href="https://forum.cardano.org/t/cip-initial-updatable-parameter-values/42261/3">https://forum.cardano.org/t/cip-initial-updatable-parameter-values/42261/3</a></p> <p>If you scroll down you see the variable "maxBlockBodySize 65536" and it is helpfully explained "Maximum size of a block body. Limits blockchain storage size, and communication costs."</p> <ol> <li><p>Block time. This is 20 seconds on average. Can't find a great source for this as the block time jumps around a lot on the explorers but Google give you loads of sources e.g. <a href="https://uk.advfn.com/crypto/Cardano-ADA/fundamentals">https://uk.advfn.com/crypto/Cardano-ADA/fundamentals</a></p></li> <li><p>Transaction size. It varies but it is around 500 bytes often more. Go here <a href="https://explorer.cardano.org/en.html">https://explorer.cardano.org/en.html</a> and look at the number of transaction in a block and its size, divide.</p></li> </ol> <p>​</p> <p>So to calculate tps we do: 65536 / 20 / 500 = 6.55tps.</p> <p>​</p> <p>The Cardano sub is aware of the issue see here: <a href="https://np.reddit.com/r/cardano/comments/lh21a5/someone_help_me_figure_this_out_max_tps_under/">https://np.reddit.com/r/cardano/comments/lh21a5/someone_help_me_figure_this_out_max_tps_under/</a> where this issue was discussed quite technically.</p> </div><!-- SC_ON --> submitted by <a href="https://www.reddit.com/user/NabyK8ta"> /u/NabyK8ta </a> <br/> <span><a href="https://www.reddit.com/r/CryptoCurrency/comments/mxjf0w/psa_cardano_ada_runs_at_seven_7_transactions_per/">[link]</a></span> <span><a href="https://www.reddit.com/r/CryptoCurrency/comments/mxjf0w/psa_cardano_ada_runs_at_seven_7_transactions_per/">[comments]</a></span>Kind Regards R
<!-- SC_OFF --><div class="md"><p>There are 3 things that determine transaction speed: block size, block time and transaction size. Let's look at all 3 for Cardano.</p> <ol> <li>Block size. The maximum size of a block is 65536bytes.</li> </ol> <p>Here is the source: <a href="https://forum.cardano.org/t/cip-initial-updatable-parameter-values/42261/3">https://forum.cardano.org/t/cip-initial-updatable-parameter-values/42261/3</a></p> <p>If you scroll down you see the variable "maxBlockBodySize 65536" and it is helpfully explained "Maximum size of a block body. Limits blockchain storage size, and communication costs."</p> <ol> <li><p>Block time. This is 20 seconds on average. Can't find a great source for this as the block time jumps around a lot on the explorers but Google give you loads of sources e.g. <a href="https://uk.advfn.com/crypto/Cardano-ADA/fundamentals">https://uk.advfn.com/crypto/Cardano-ADA/fundamentals</a></p></li> <li><p>Transaction size. It varies but it is around 500 bytes often more. Go here <a href="https://explorer.cardano.org/en.html">https://explorer.cardano.org/en.html</a> and look at the number of transaction in a block and its size, divide.</p></li> </ol> <p>​</p> <p>So to calculate tps we do: 65536 / 20 / 500 = 6.55tps.</p> <p>​</p> <p>The Cardano sub is aware of the issue see here: <a href="https://np.reddit.com/r/cardano/comments/lh21a5/someone_help_me_figure_this_out_max_tps_under/">https://np.reddit.com/r/cardano/comments/lh21a5/someone_help_me_figure_this_out_max_tps_under/</a> where this issue was discussed quite technically.</p> </div><!-- SC_ON --> submitted by <a href="https://www.reddit.com/user/NabyK8ta"> /u/NabyK8ta </a> <br/> <span><a href="https://www.reddit.com/r/CryptoCurrency/comments/mxjf0w/psa_cardano_ada_runs_at_seven_7_transactions_per/">[link]</a></span> <span><a href="https://www.reddit.com/r/CryptoCurrency/comments/mxjf0w/psa_cardano_ada_runs_at_seven_7_transactions_per/">[comments]</a></span>Kind Regards R