Recent Waves Mainnet Tests Showcase Support for More Than 6 Million Daily Transactions
The team and developers behind the Waves coin have been undergoing several tests to determine the exact nature and capability of its network. The results so far have been entirely outstanding, and they show that the Waves blockchain is efficient and ready to serve its client base more effectively. Here is a break down of some of the findings from the latest stress tests on Waves mainnet.
Support for Millions of Transactions
During the load experimentation phase, the Waves developers submitted more than six million transactions to the mainnet. This large amount proved that the platform had a remarkable throughput of roughly 900 transactions per second, with nearly instant approval times.
The issue of throughput limits is a huge consideration, particularly in the crypto and blockchain sectors. It is one of the factors that is regularly cited by experts and critics alike. Unfortunately, unlike Waves, which has prioritized efficiency and scalability, many blockchain platforms have lower throughputs, which significantly affects their general adoption rates.
The Waves-NG platform was launched nearly 12 months ago, and it has been continuously refined over the past year. The team behind the project wanted to discover if the network was sustainable and how its mainnet would act if they subjected it to a massive increase in the number of transactions. With the Waves blockchain operating under the typical load, the tested added over six million new transactions and carefully scrutinized the results.
Summary of Stress Test Results
- Experiment duration: 24 hours
- Total transaction volume: 6,373,401
- Tx/hour: 479,604
- Tx/min: 12,176
- Tx/sec: 911
This massive transaction volume was efficiently processed without disrupting the network’s general load requirements. Other transactions such s transfers, DEX orders and token creation among others that were being down by ordinary clients did not experience any impact.
The experiment was created for important research reasons. The Waves team sought to find out and push the limit of its network. The developers are always looking to enhance their blockchain capacity, which involves increases block sizes and also implanting specific protocol measures to increase the transaction throughput.
About the Waves Platform
Waves is an international blockchain platform that was launched back in 2016 and whose mission is building a secure blockchain network that enables users to solve a range of critical, real-world issues. The developers are making a scalable blockchain infrastructure that is complete with simple-to-use implantation tools for businesses, individuals and developers.
Waves launched its decentralized exchange in April last year, offering a secure and fast tool for trading altcoins. Later in that year, the team also activated the Waves-NG system protocol that allowed unparalleled throughput of higher than 100 transactions per second with nearly instantaneous transaction confirmation speeds.