- SKALE proved to be the most efficient due to its 397.7 TPS and 1.46 seconds TTF.
- The SKALE community has saved over $2 billion USD in gas costs.
Dartmouth Blockchain has tested many of the most well-known blockchains in real-world environments and published their findings on their performance metrics. Eight prominent blockchains were tested and compared.
Did you know that SKALE is the fastest blockchain in the world?
A study conducted by @Voxchain evaluated the performance of 8 popular blockchains: Ethereum, Polygon, Solana, Fantom, Avalanche, NEAR, Flow and SKALE.
SKALE emerged as the best performing blockchain, with a TPS of… pic.twitter.com/nEM8tVb9jF
— SKALE (@SkaleNetwork) October 24, 2023
Among them, SKALE proved to be the most efficient due to its 397.7 TPS and 1.46 seconds TTF. The transactions per second (TPS) and time to finality (TTF) ratings for most alternative blockchain networks were much lower.
Solana (375.31 TPS), Flow (60.1 TPS), Avalanche (49.68 TPS), Polygon (20.92 TPS), Ethereum (12.23 TPS) and NEAR (6.22 TPS) are among the tested chains. At the time of writing, the SKALE network consists of twenty independent Ethereum Virtual Machine (EVM) blockchains. Each of them can process transactions at a speed of 397.7 TPS. An astonishing 7,954 TPS is achieved across the entire SKALE network.
Infinite scalability
Additionally, the modular nature of SKALE means there is no limit to the number of new SKALE chains that can be built, allowing for potentially infinite scalability.
SKALE is an Ethereum-specific blockchain scaling solution that aims to build a network of interoperable, sharded blockchains. Furthermore, SKALE allows users to create an unlimited number of fast, on-demand, federated security blockchains, without any gas costs to them. The SKALE community has saved over $2 billion USD in gas costs.
Additionally, developers can use SKALE to quickly and easily build a secure, decentralized, and interoperable EVM blockchain. SKALE is a fully decentralized, open source and community-managed initiative. The network has reached over 1.6 million unique wallets and over 675,000 active users in the past month, making this a huge milestone.