When Ethereum will be able to handle a million transactions per second?

Even the red market should not be a hindrance to the development of cryptocurrencies. Recently , the Ethereum began to lose its popularity both among miners and among ordinary investors. The reason for that is strong to drop coins from the beginning of this year. However, the Ethereum Foundation is your ACE in the hole, which soon will help to regain the support of the audience.

New cryptodomes

Programmers have set ourselves a very difficult task — a million transactions per second on Ethereum. To achieve such numbers, you can use Raiden Protocol Network.

The first version is already available on the RDN mandate called Red Eyes. Information about this appeared in Twitter developer accounts Raiden Network. At the moment, the Protocol is still under alpha testing. Programmers were also asked users to be extremely cautious in testing the RDN to use protection for their nod.

We are pleased to announce that the first release of Raiden Network is already available on mannete Ethereum. Red Eyes is still at an alpha stage test.

Now developers can access the channels in the Protocol and carry out fast transactions in Ethereum. The main goal of the current phase of work is to test smart contracts and the core Protocol.

The RDN is very similar to the Lightning Network from Bitcoin. In the future the Protocol will be able to afford to spend more than one million transactions per second ETH. Such an upgrade needs to lift the mood, cryptocommunist and attract new major investors in Ethereum.

Source: Crypto101

AMBCrypto experts believe that without proper scalability network Broadcast simply cannot compete with new projects in the future. As an example, analysts cite the work load of Ethereum during its peak of popularity CryptoKitties. Competitors Ethereum Foundation believe this fact is the main vulnerability of the project to fight for the title of the most decentralized cryptocurrency.

What do you think? Always interesting to hear the opinion in cryptodata.


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