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Reading: Ethereum Layer 2 Solutions Achieve 12,000 Transactions Per Second in Testnet
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COINTURK NEWS > Ethereum (ETH) > Ethereum Layer 2 Solutions Achieve 12,000 Transactions Per Second in Testnet
Ethereum (ETH)

Ethereum Layer 2 Solutions Achieve 12,000 Transactions Per Second in Testnet

In Brief

  • Ethereum Layer 2 achieved 12,000 transactions per second on the testnet.

  • Companies like Optimism, Arbitrum, and zkSync participated in the test.

  • More testing and validation are needed for widespread acceptance.

COINTURK NEWS
COINTURK NEWS 8 months ago
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Ethereum Layer 2 (L2) blockchain technology claims to have achieved 12,000 transactions per second on the testnet. This speed far exceeds the current capacity of the Ethereum network. The test demonstrates how far L2 solutions can go in terms of scalability and speed.

Contents
Companies Participating in the TestScalability and SpeedFuture Plans

Companies Participating in the Test

This testnet was conducted with the participation of various blockchain development companies. Notably, L2 solutions such as Optimism, Arbitrum, and zkSync were involved in the test. These companies continue to work on solving the scalability issues of the Ethereum network.

These tests provide an important opportunity to evaluate how effective L2 solutions are in practice. Developers tested various scenarios to analyze whether L2 technologies are applicable on the main network.

Scalability and Speed

L2 solutions were developed to alleviate the transaction load on the Ethereum network and reduce gas fees. The high TPS values obtained in the tests reveal the potential of these solutions. However, these results have not yet been validated on the main network.

The success of L2 blockchain technology in tests could enable the Ethereum network to serve a broader user base in the future.

12,000 transactions per second provide significant insights into how blockchain technology could be used in the future. However, these results need to be replicated in real-world applications.

Future Plans

These L2 solutions developed to solve Ethereum’s scalability issues require more testing and improvement in the future. Developers will continue their efforts to create a more secure and faster blockchain network.

The results of these tests could be an important step for the future development of Ethereum. However, more validation and testing processes are needed for these solutions to gain widespread acceptance.

The success of L2 solutions on the testnet could increase confidence in the Ethereum network. These technologies could enable cryptocurrencies to be adopted by a broader audience.

You can follow our news on Telegram, Facebook, Twitter & Coinmarketcap
Disclaimer: The information contained in this article does not constitute investment advice. Investors should be aware that cryptocurrencies carry high volatility and therefore risk, and should conduct their own research.

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COINTURK NEWS 6 September, 2024 - 1:32 pm 6 September, 2024 - 1:32 pm
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