Have doubts about Pi Network? continue reading:
Pi Network’s transaction speed is a hot topic among cryptocurrency enthusiasts. According to the Pi Network technical team, the project can handle up to 70,000 transactions per second, which is quite impressive.
To put this into perspective, let’s compare it to leading crypto platforms. Bitcoin can process approximately 7 transactions per second (TPS), Ethereum 20 TPS, Doge 33 TPS, Lite Coin 56 TPS, Ripple 1500 TPS, Tron 2000 TPS, and Pi 70000 TPS. Pi Network’s transaction speeds are therefore significantly higher than those of leading cryptocurrencies. Pi's speed is even higher than Visa's 24,000 TPS.
Such high transaction speeds are due to the use of a unique consensus algorithm called the Stellar Consensus Protocol (SCP). SCP is designed to be fast, scalable, and energy efficient, making it an excellent choice for cryptocurrencies like Pi Network.
All in all, Pi Network’s transaction speeds are quite impressive, which is one of the reasons why many people are excited about the project.
In addition to fast TPS, Pi already has over 100 million registered users and over 50 million active users. Pi is the cryptocurrency best suited to become the world's currency. Pi Nework is ready to open to the world in 2024, don’t miss this revolutionary and great project. It’s not too late to join Pi Mining for free.
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