The TON team conducts successful public testing of blockchain speed
The TON team recently conducted a public test to determine the speed of their blockchain. In just 12 minutes, an impressive 42 million transactions were carried out, with a peak speed of 108,409 transactions per second (TPS).
During the experiment, the test network of 256 validators processed a staggering 43,012,970 transactions in just 11 minutes. This makes TON the fastest blockchain in existence, surpassing Bitcoin’s 5-7 TPS and Ethereum’s 15 TPS.
Previously, Solana held the record with a speed of 65,000 TPS. However, TON has now achieved a remarkable 104,715 transactions per second.
These impressive results have positioned TON as a leading blockchain technology, capable of handling high volumes of transactions at lightning-fast speeds.
Toncoin (TON) trading near $2.18 after successful testing
The recent successful testing of the TON blockchain has had a positive impact on Toncoin (TON) prices. At the time of writing, Toncoin is trading near $2.18, reflecting a gain of 3.14%.
This surge in price can be attributed to the impressive speed and efficiency demonstrated by the TON blockchain during the public test. With its record-breaking transaction speeds and ability to handle massive volumes of transactions, investors are showing increased interest in Toncoin.
As the fastest blockchain in the world, TON has positioned itself as a promising technology with the potential to revolutionize various industries. Its ability to process transactions at lightning-fast speeds makes it an attractive option for businesses and individuals seeking efficient and scalable blockchain solutions.
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