Hamster Network achieves a new milestone in the industry, processing 34,028 transactions per second, positioning itself as a leader among blockchain platforms.
Hamster Network's Speed Metrics
Hamster Network reached a transaction speed of 34,028 TPS, surpassing notable blockchains such as Aptos (11,936 TPS), Solana (7,229 TPS), and Algorand (5,716 TPS), making it a leader in transaction speed among competitors.
The Role of Hamster Kombat in the Ecosystem
Developers of Hamster Kombat are enhancing the utility of the token by launching a layer-2 network on the TON blockchain, aimed at increasing transaction speeds and reducing costs. This initiative is intended to enhance the utility of the HMSTR token in the ecosystem.
Practical Significance and Limitations of TPS
The TPS metric measures a blockchain network's capacity to process a large number of transactions in a given timeframe, which is crucial for decentralized applications that require quick and efficient data processing. However, theoretical TPS figures can significantly differ from actual observed performance, a factor to consider when assessing any platform's potential.
With high transaction processing speeds, Hamster Network strengthens its market position, providing developers and users with more efficient tools for decentralized applications.