Web3 Coin
  • Welcome to Web3 Coin
  • Overview
    • πŸ’‘Our Vision
    • ✨Team
  • WhitePaper
    • Terminology
    • Abstract
    • Introduction
    • Vision
    • Overview
      • Current Problems of Existing Blockchain Networks
      • Web3Coin Solution
    • Web3Chain
      • An Overview for Web3Chain
      • Web3Anthill
      • EVM to MVM
      • Web3Chain Consensus Mechanism: PoW
      • Transaction Check Per Second (TCPS)
    • Proof of Web3 Consensus Mechanism
      • Web3Miner (WPoS & Web3Anthill)
        • Fees and Rewards
      • MacroMiner (MPoH & Web3Anthill)
        • Archive Node
        • Full Node
        • Light Node
      • MicroMiner (MPoSW & Web3Anthill)
    • Scalability
      • Blockchain Network Structure
      • Energy Consumption
    • Smart Contract
      • Smart Contract Compatibility
      • Smart Contract Fees
    • Transaction
      • Transaction Fees
    • Attack Vectors & Security
      • Transaction Denial
      • Eclipse Attack
      • Double Spending
    • Native Token
      • Web3 Coin (W3B)
      • Token Burning
        • Transaction Fee Burning
        • Constant Burning
      • Pool Distribution
    • Experimental Results
    • Information
    • Audit
    • Solution and Conclusion
      • Focused on 'Human'
    • References
    • Disclaimer
  • Fundamentals
    • 🌎Tokenomics
      • Chart
    • πŸ—ΊοΈROADMAP
  • FAQ
    • ❓What is Web3Coin?
    • ⭐Good to Know
    • πŸ’ΎWeb3Anthill
  • Products
    • Web3Chain
    • Web3 Airdrop
    • Web3 Coin (W3B)
    • Web3Dex
    • Web3Exchange
    • Web3Explorer
    • Web3Launchpad
    • Web3NFT
Powered by GitBook
On this page
  1. WhitePaper
  2. Web3Chain

Transaction Check Per Second (TCPS)

Most blockchain networks offer probabilistic transaction certainty. In other words, transactions do not become definite immediately, they are finalized after a certain number of additional blocks are added to the chain. The main idea behind this solution is that as blocks are continuously confirmed and added, the probability that previous transactions will be valid and irreversible increases.

Although TPS measures speed, it may not correlate with certainty. A chain may have high TPS based on a reasonable definition of transactions but may take longer to establish precision depending on TCPS and TPS.

Transaction Check Per Second (TCPS) is the number of transactions that can be pre-verified and denied in an instant.

MetaChain with a brand new approach β€” thanks to the MetaMiner, MacroMiner, MicroMiner components and MetaAnthill technology, which form the consensus structure β€” optimally sustains the factors that other networks today have to waive with scaling solutions.

In the optimum hardware and network topology, the block time is less than 5 seconds and the node synchronization happens instantly.

In tests with 19 nodes, it was possible to verify and confirm more than 700,000 transactions per second. It is predicted that theoretically, as long as TCP (Transmission Control Protocol) support is provided, up to 3.3 million transactions per second could be reached.

Blockchain Networks
Transaction Pre-Verification Process
TCPS

Web3 Coin (W3B)

Instantly

700,000 +

Bitcoin (BTC)

10min

7

Ethereum (ETH)

15 sec

100,000

Solana (SOL)

0,4 sec

60,000

EOS (EOS)

0,5 sec

10,000

Stealler (XLM)

2-5 sec

10,000

Litecoin (LTC)

2,5 min

56

Avalanche (AVAX)

1-2 sec

6,500

PreviousWeb3Chain Consensus Mechanism: PoWNextProof of Web3 Consensus Mechanism

Last updated 1 year ago