12-26-2022, 11:02 PM
Today, Algorand produced two blocks with >32k and >50k transactions, respectively. I
<table> <tr><td> <a href="https://www.reddit.com/r/CryptoCurrency/comments/zvux7e/today_algorand_produced_two_blocks_with_32k_and/"> <img src="https://b.thumbs.redditmedia.com/IOS7gRCjkaH2jRS0FRL07VZPHcuDyttRLDwujv0CazE.jpg" alt="Today, Algorand produced two blocks with >32k and >50k transactions, respectively. It also has more smart contract throughput than all the other smart contract platforms combined." title="Today, Algorand produced two blocks with >32k and >50k transactions, respectively. It also has more smart contract throughput than all the other smart contract platforms combined." /> </a> </td><td> <!-- SC_OFF --><div class="md"><p><a href="https://algoexplorer.io/block/25808868">https://algoexplorer.io/block/25808868</a> (>32k transactions/inners)</p> <p>and</p> <p><a href="https://algoexplorer.io/block/25808869">https://algoexplorer.io/block/25808869</a> (>50k)</p> <p>The speed and finality of Algorand is tremendous and I truly believe it is the only current blockchain that can preserve decentralization while scaling to onboard the world.</p> <p>Based on this article: <a href="https://medium.com/dragonfly-research/the-amm-test-a-no-bs-look-at-l1-performance-4c8c2129d581">https://medium.com/dragonfly-research/the-amm-test-a-no-bs-look-at-l1-performance-4c8c2129d581</a></p> <p>The top chains had the following AMM-swap tps limits:</p> <ul> <li>Solana Mainnet Orca - 273 swaps</li> <li>BSC pancakeswap - 195 swaps</li> <li>Polygon quickswap - 95 swaps</li> <li>Axax Trader Joe - 176 swaps</li> <li>Celo Ubeswap - 50 swaps</li> <li>Ethereum uniswap v2 - 18 swaps</li> </ul> <p>Now Algorand can handle <strong><em>~1625 AMM swaps per second (assuming 3.8s per block and 25k tx)</em></strong></p> <p>For reference that is:</p> <ul> <li>6.0x more than Solana</li> <li>8.3x more than Binance</li> <li>9.2x more than Avalanche</li> <li>17x more than Polygon</li> <li>32.5x more than Celo</li> <li>90.3x more than Ethereum</li> </ul> <p>​</p> <p><a href="https://preview.redd.it/yqjttum0pa8a1.jpg?width=1653&format=pjpg&auto=webp&s=0534829f54c5c54951cf11129b3e248c828efead">L1 AMM swaps</a></p> <p>If you're here for the tech, Algorand is leading the pack.</p> </div><!-- SC_ON --> submitted by <a href="https://www.reddit.com/user/gigabyteIO"> /u/gigabyteIO </a> <br/> <span><a href="https://www.reddit.com/r/CryptoCurrency/comments/zvux7e/today_algorand_produced_two_blocks_with_32k_and/">[link]</a></span> <span><a href="https://www.reddit.com/r/CryptoCurrency/comments/zvux7e/today_algorand_produced_two_blocks_with_32k_and/">[comments]</a></span> </td></tr></table>
<table> <tr><td> <a href="https://www.reddit.com/r/CryptoCurrency/comments/zvux7e/today_algorand_produced_two_blocks_with_32k_and/"> <img src="https://b.thumbs.redditmedia.com/IOS7gRCjkaH2jRS0FRL07VZPHcuDyttRLDwujv0CazE.jpg" alt="Today, Algorand produced two blocks with >32k and >50k transactions, respectively. It also has more smart contract throughput than all the other smart contract platforms combined." title="Today, Algorand produced two blocks with >32k and >50k transactions, respectively. It also has more smart contract throughput than all the other smart contract platforms combined." /> </a> </td><td> <!-- SC_OFF --><div class="md"><p><a href="https://algoexplorer.io/block/25808868">https://algoexplorer.io/block/25808868</a> (>32k transactions/inners)</p> <p>and</p> <p><a href="https://algoexplorer.io/block/25808869">https://algoexplorer.io/block/25808869</a> (>50k)</p> <p>The speed and finality of Algorand is tremendous and I truly believe it is the only current blockchain that can preserve decentralization while scaling to onboard the world.</p> <p>Based on this article: <a href="https://medium.com/dragonfly-research/the-amm-test-a-no-bs-look-at-l1-performance-4c8c2129d581">https://medium.com/dragonfly-research/the-amm-test-a-no-bs-look-at-l1-performance-4c8c2129d581</a></p> <p>The top chains had the following AMM-swap tps limits:</p> <ul> <li>Solana Mainnet Orca - 273 swaps</li> <li>BSC pancakeswap - 195 swaps</li> <li>Polygon quickswap - 95 swaps</li> <li>Axax Trader Joe - 176 swaps</li> <li>Celo Ubeswap - 50 swaps</li> <li>Ethereum uniswap v2 - 18 swaps</li> </ul> <p>Now Algorand can handle <strong><em>~1625 AMM swaps per second (assuming 3.8s per block and 25k tx)</em></strong></p> <p>For reference that is:</p> <ul> <li>6.0x more than Solana</li> <li>8.3x more than Binance</li> <li>9.2x more than Avalanche</li> <li>17x more than Polygon</li> <li>32.5x more than Celo</li> <li>90.3x more than Ethereum</li> </ul> <p>​</p> <p><a href="https://preview.redd.it/yqjttum0pa8a1.jpg?width=1653&format=pjpg&auto=webp&s=0534829f54c5c54951cf11129b3e248c828efead">L1 AMM swaps</a></p> <p>If you're here for the tech, Algorand is leading the pack.</p> </div><!-- SC_ON --> submitted by <a href="https://www.reddit.com/user/gigabyteIO"> /u/gigabyteIO </a> <br/> <span><a href="https://www.reddit.com/r/CryptoCurrency/comments/zvux7e/today_algorand_produced_two_blocks_with_32k_and/">[link]</a></span> <span><a href="https://www.reddit.com/r/CryptoCurrency/comments/zvux7e/today_algorand_produced_two_blocks_with_32k_and/">[comments]</a></span> </td></tr></table>