Cryptocurrency Q&A
Is Ethereum more scalable than bitcoin?
Is Ethereum more scalable than bitcoin?
CryptoPioneer
Fri Jul 05 2024
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7 answers
1846
Could you elaborate on the scalability of Ethereum compared to Bitcoin? Given the current limitations of Bitcoin's block size and transaction throughput, does Ethereum's design offer any significant advantages in terms of handling a larger volume of transactions efficiently? Are there any notable scaling solutions being implemented or planned for Ethereum that could further enhance its scalability in the future? Additionally, are there any potential trade-offs or challenges that Ethereum might face in achieving higher scalability?
7 answers
HanjiArtistryCraftsmanship
Sun Jul 07 2024
The scalability of a blockchain network is crucial for its overall performance and ability to handle a large number of transactions efficiently.
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Martina
Sun Jul 07 2024
Ethereum, a prominent cryptocurrency, possesses a transactional throughput of approximately 29 TPS.
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CryptoVanguard
Sun Jul 07 2024
Despite being four times more scalable than Bitcoin, this figure still poses challenges for Ethereum.
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Silvia
Sun Jul 07 2024
The current TPS of Ethereum falls significantly short when compared to other blockchain networks that have achieved higher scalability.
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Andrea
Sun Jul 07 2024
Networks like Solana, Binance Smart Chain, and Cardano are capable of handling thousands of TPS, outperforming Ethereum in this aspect.
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