ON Aeternity’s twitter, said that Aeternity has about 6000 tps transactions per second on-chain … :Replying to @NiklasKossow@janmschnurr
Hey! Just got a reply from the dev team. With Bitcoin-NG implemented -> about 6000 tx/s on-chain. No tx/s limit for state channels (off-chain) - speed is based on peer-to-peer bandwidth.
Hello! We checked again. It is 6000tx per MINUTE. Sorry for the confusion. We asked about tx/s and the dev team replied with tx/min. This is an estimate. Could be less, could be more. We will have more info once simulations start.
Hey, you need to understand how Bitcoin-NG works. Have a look at this. There are two types of blocks: key-blocks and microblocks. Whoever finds a key-block can create microblocks until the next key-block is found.
So I can understand that ae’s TPS are infinite? Enough to meet the commercial requirements, because I do not understand the block chain technology, but also very supportive of ae, so I need some intuitive understanding of ae, to me, there should be a lot of people, hope that the AE team can intuitively show us the strength of ae, so that AE will have more supporters.
You can open up 1000 state channels per minute (example). State channels run in parallel and you can open an infinite number of state channels (every opening is on on-chain transaction, every closing too).
Therefore yes, its infinite.
Any questions? @dimitar.chain can explain you details if you’re interested.