Just crossed with this Leon metrics Tweet showing that Ethereum is going parabolic!
As you can see in the chart above, Ethereum’s throughput is going parabolic and its not just hype! Ethereum network recently has hit a record breaking of 78.82 million gas per second which is a massive leap forward in its computational capacity. This is not just processing more transactions per second, it is about handling more complex operations across the entire ecosystem.
For those who dont know what throughput measures, it measures how much actual computation Ethereum can perform at any given moment. This includes smart contract executions, rollups, NFT minting, DeFi protocol logic, etc. This directly translates to faster performance and lower transaction fees for users and developers.
For how Ethereum is built, this is not only happening in the L1 it is also happening in L2s because of how upgrades are spread. Ethereum is quickly evolving into a highly scalable and efficient base layer for Web3.
It is creating the base for a future where on chain applications are as seamless and cost effective as using traditional web apps.
The all time high in throughput is more than just a number, it is a sign of real progress. Ethereum is scaling is not just a theory anymore, it is happening and this is how a decentralized network levels up.
Sources:
Tweet: https://x.com/LeonWaidmann/status/1924458967335583891 Data: https://www.growthepie.xyz/
submitted by /u/kirtash93
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