How does the transaction speed of ADA compare to that of ETH?

3 answers

• Dec 30, 2021 · 3 years ago
  When it comes to transaction speed, ADA and ETH have some notable differences. ADA, which is the native cryptocurrency of the Cardano blockchain, boasts a transaction speed of around 250-400 transactions per second (TPS). On the other hand, ETH, the native cryptocurrency of the Ethereum blockchain, currently has a transaction speed of around 15-20 TPS. This means that ADA can process transactions at a much faster rate compared to ETH. However, it's important to note that transaction speed can vary depending on network congestion and other factors.
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• Dec 30, 2021 · 3 years ago
  In terms of transaction speed, ADA outperforms ETH by a significant margin. ADA's Ouroboros protocol allows for faster and more efficient transaction processing, enabling the Cardano blockchain to handle a higher volume of transactions per second. On the other hand, ETH's current transaction speed is relatively slower due to its proof-of-work consensus mechanism. However, it's worth mentioning that ETH is working on implementing Ethereum 2.0, which aims to improve scalability and increase transaction speed through the introduction of the proof-of-stake consensus mechanism.
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• Dec 30, 2021 · 3 years ago
  From my experience at BYDFi, I can say that ADA's transaction speed is much faster compared to ETH. This is primarily due to the underlying technology and consensus mechanism used by the Cardano blockchain. ADA's Ouroboros protocol allows for faster block generation and transaction confirmation, resulting in quicker transaction speeds. However, it's important to consider other factors such as network congestion and transaction volume, which can affect the overall transaction speed on both platforms.
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