Smart Contract Layer-1 Blockchain Network Avalanche’s Testnet Hits Over 140,000 Transactions per Second
Avalanche Testing High-Performance Virtual Machines
- Avalanche is currently testing a framework for building high-performance Virtual Machines (VMs) from scratch on the network.
- HyperSDK, a blockchain upgrade, enables developers to plug into a lightning-fast execution environment without writing massive amounts of code from scratch.
- This simplifies and accelerates custom VM development, making it easier for developers to launch optimized blockchains.
HyperSDK Achieves Impressive Transaction Speeds
HyperSDK reached a whopping 143,322 transactions per second in a controlled testing environment, according to a screenshot shared on GitHub.
In comparison, Avalanche claims to currently process up to 4,500 TPS, Solana claims between 2,000 and 3,000 TPS, and Ethereum does just 15-20, according to data from Coincodex.
Real-World Throughput Expected to Settle Around 50,000 TPS
Speaking to Cointelegraph’s Andrew Fenton, the head of product at Ava Labs, Nick Mussallem, said he expects real-world throughput to eventually settle around 50,000 TPS.
“They’ve clocked at it at 141,000. But that’s in a very controlled environment. So I think if you were to cut that in half, it would still be very generous and probably will do more than that.”
Optimized Blockchain Development with HyperSDK
Referring to the blockchain trilemma – the delicate balance between decentralization, scalability, and security – Mussallem said that nothing was sacrificed in Avalanche’s development.
“Basically took out a lot of the stuff that was in the EVM (Ethereum Virtual Machine) that they felt was unnecessary on the networking layer, or at the storage layer, and then put our consensus algorithm underneath it. And it just goes fast. Now it’s optimized.”
Blockchains built with HyperSDK will operate as subnets called HyperChains and can be adapted for any function the developer wishes.
There will be a user interface (GUI) that doesn’t require additional coding and developers will also have a choice of VM. “You can literally launch it in five minutes,” said Mussallem.
HyperSDK Availability and Launch
Mussallem said HyperSDK was open source and available right now, “but it’s very much in the early beta stages.”
It hasn’t been launched and is not production ready yet, as the target for that is by the end of the year, he added.
Preserve This Moment in History
Collect this article as an NFT to preserve this moment in history and show your support for independent journalism in the crypto space.
Related Article
Magazine: How to protect your crypto in a volatile market: Bitcoin OGs and experts weigh in
