Tezos (XTZ) Sets New High in TPS: Check Out Statistics

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Tezos (XTZ) blockchain's bandwidth eclipsed 1,000 transactions per second with Octez v13 update

Namely, the Irmin backend that supercharges Tezos' storage layer saw two novel strategies implemented. First, Tezos engineers dramatically reduced the number of calls required for blockchain operations. Then, the data indexing strategy was also reorganized.

These two updates resulted in an impressive performance increase for the entire Tezos ecosystem. Besides a 5x increase in TPS—which allowed Tezos to accomplish a 1,000 transactions per second milestone—engineers registered 12x improvement in the mean latency of operations and an 80% memory usage decrease.The aforementioned changes are already finished and will be included in the upcoming Octez v13 upgrade.

Also, to make blockchain usage more resource-efficient, Tezos engineers will organize its infrastructure in two layers: a read-write layer and a read-only one. This will allow node operators to use less disk space. Last but not least, besides C bindings, Tezos supporters can start experimenting with Python and Rust bindings. This upgrade will introduce Tezos and its products to a new audience of developers and upgrade its interoperability.

 

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Tezos co-founder Arthur Breitman discusses the untapped potential of DeFiWhen will we see the true potential of decentralized finance? Check Tezos co-founder ArthurB’s interview for Cointelegraph at the Paris Blockchain Week Summit. What do you think about the current Bitcoin state, since its Fear and Greed Index is 48 - NEUTRAL at the moment, with price of 40575.814190010939 usd? Our analytical team has done a detailed analysis regarding BTC, but we want to hear your opinion too. ArthurB XMetaverse_ X-Metaverse is a blockchain game developed by Cocos3D and can run on Android, iOS and PC. All game content items and characters are based on blockchain tokens and NFTs. The visual effects and gameplay of X-Metaverse are inspired by StarCraft and Star Wars. ArthurB Hey Ornella_Hdz any insight into why the picture of Mashinsky is used in the thumbnail of this article instead of ArthurB ? 🤔
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