We are looking forward to seeing the mainnet release of Semux Smart Contracts.. Also very curious is you will be able to achieve anywhere near 5,000 txs per block!
I don't think they will be able to get 5000 per block, as they only have 1MB blocks. For simple contracts without a lot of data, they should fit. they hit 15,000 transactions per block in testnet with 3-5MB blocks for transfers.
I think dev team will release new perf for VM calls, but now I think it will be a matter of size of data that slows them down, not speed of transaction?
I think you can make expensive contract call that use a lot of gas, so will be interesting to see how much gas they can get in a block.
I am totally curious about its total transaction per block, how many transactions that Semux can handle per block actually? Based on the website, Semux can handle 5000 transactions per block and some of us(you included) did not agree with that because of its block size is 1 MB. Totally understandable if we are comparing it with Bitcoin itself, so what is the truth?
3~5MB block size is good at scaling, but it is practically unusable.
They can def get 5k/block and have done so. I just mean VM changes things. VM transactions can take much more resources to process and propose in time. Current mainnet can process 5k/block. Testnet can do 15k/block+ as they removed 1mb block limit to enable higher limits