When can Ethereum (ETH) process about 100,000 transactions per second?

By TimTom | Crypto Tim | 6 Jul 2020

Vitalik Buterin said when Ethereum (ETH) will process about 100,000 transactions per second.

The founder of Ethereum (ETH), Vitalik Buterin, has explained in a Twitter post how network scaling will increase after the transition to version 2.0. In the initial phase, the block chain will be able to process about 2,000 transactions per second in 1 second.

ETH Twitter


In the first step the project team wants to optimize the scalability of the data.

The next task is to optimize the calculations. This process may take 3-5 years and the transaction limit in the Ethereum block chain will be gradually increased in the meantime. In the final phase, a speed of 100,000 transactions per second is planned


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