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FaceDeer@fedia.io 7 months agoEthereum, the number-two cryptocurrency, has been using proof-of-stake consensus since 2022. As a result it no longer uses significant amounts of electricity. Bitcoin's still stuck with proof-of-work, but if you want to mock cryptocurrency as a whole you need to update your talking points.
kandoh@reddthat.com 7 months ago
How many etherium transactions are able to be processed in one second? Still just 30?
FaceDeer@fedia.io 7 months ago
Currently it's handling about 140 TPS. The Dencun upgrade to Ethereum that just went live a couple of days ago adds a new feature, data blobs, that lets this go significantly higher at reduced cost.