common-close-0
BYDFi
Trade wherever you are!

What factors affect the transactions per second rate of Cardano?

avatarctr_nikeDec 18, 2021 · 3 years ago1 answers

Can you explain the factors that influence the transactions per second rate of Cardano in detail? How do these factors impact the overall speed and efficiency of the Cardano network?

What factors affect the transactions per second rate of Cardano?

1 answers

  • avatarDec 18, 2021 · 3 years ago
    The transactions per second rate of Cardano can be affected by various factors. One factor is the network's consensus algorithm, which determines how transactions are validated and added to the blockchain. Cardano uses a proof-of-stake consensus algorithm called Ouroboros, which is designed to be secure and energy-efficient. However, this consensus algorithm may have limitations in terms of transaction speed compared to other algorithms. Another factor is the network's infrastructure and scalability solutions. Cardano is continuously working on improving its infrastructure to handle higher transaction volumes. Additionally, network congestion and high transaction fees can also impact the transactions per second rate. It's important to note that Cardano's development team is actively working on addressing these factors to improve the network's transaction speed and scalability.