Friends, I would like to know what is the fastest blockchain at the moment. I heard about the Tectum blockchain but there is very little information about them. Please kindly share your opinion.
Never heard about the Tectum blockchain. I have seen so many blockchains that are said to be the fastest, but none of them are really that popular. Just like one that is called Aleph Zero, it has a TPS of over 40,000 and the structure allows it confirm transactions in about 0.6 seconds. But, it’s not the fastness that matters here.
We have seen that of Bitcoin, Ethereum and a lot of them that are popular today and with a high usage rate, they have a low TPS: Bitcoin has 7 TPS, Ethereum is 25 TPS, and Cardano that has become very popular today has 250 TPS. And like I have said, it is not the fastness of these blockchains that matters, it is the security of the blockchain. Most of them that are fast as not as secure as bitcoin. And Bitcoin is said to be the most secure, so do you think anyone would choose fastness over security? Personally, I don’t think so.