The head of Coinbase protocol claims that the Base network TPS has reached 300 to 400, but the data is being questioned

2024-04-10 14:04:24
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ChainCatcher news, Coinbase protocol head Jesse Pollak stated in a post on April 9 that he observed the Base network's throughput reaching up to 300 to 400 transactions per second. However, according to data from Chainspect, the real-time TPS of the Base network is 26.8, with a highest recorded TPS of 292. According to a report by L2Beat, the average transaction volume per second on Base peaked at 37 transactions on April 8, more than double Ethereum's 14 TPS.

In response to Pollak's post on X, the anonymous trader Wazz claimed that if Pollak's observation is accurate, then the network could achieve TPS similar to that of the Solana network. Wazz elaborated that about 60% of the 1,000 TPS reported by Solana are failed transactions, meaning the actual TPS is closer to 400. Mert Mumtaz, CEO of Solana infrastructure provider Helius Labs, questioned Pollak's TPS data, arguing that failed transactions are not included in the Base data. He added that the largest Base block provided had 94% of its transactions fail, resulting in an actual TPS of 41.

This finding comes amid escalating tensions between supporters of Ethereum Layer 2 scaling solutions and those of the Solana network. In recent weeks, Solana has faced strong complaints about declining user experience, transaction failures, and other reliability issues.

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