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________can support up to 10-14 transactions per second.

A.

Dapps

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A.

Dapps

B.

Bitcoin

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B.

Bitcoin

C.

Zcash

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C.

Zcash

D.

Ethereum

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D.

Ethereum

Suggested answer: D

Explanation:

Ethereum currently supports a transaction throughput of approximately 10-14 transactions per second (TPS). This transaction speed is a result of Ethereum's design, which balances decentralization and security, albeit at the cost of scalability. This TPS rate is consistent across the Ethereum network prior to its upgrade to Ethereum 2.0, which aims to increase scalability through sharding and Proof of Stake.

Key Details:

Limitations of Current Throughput: Ethereum's TPS rate is due to limitations in its consensus mechanism (formerly Proof of Work, now Proof of Stake) and block size, which prioritize security over transaction speed.

Comparison with Other Networks: Bitcoin, for example, supports around 3-7 TPS, while other networks like Solana or Binance Smart Chain support significantly higher TPS. Ethereum's TPS may increase as Ethereum 2.0 is fully implemented, which aims to improve its scalability.

Impact on Decentralized Applications (DApps): Ethereum's transaction capacity impacts DApps running on the network, as higher usage can lead to congestion and increased transaction fees (gas fees). The upcoming upgrades are intended to alleviate these issues and enhance performance.

Therefore, D. Ethereum is the correct answer, as it supports approximately 10-14 TPS in its current form.

asked 24/10/2024
Tim Baas
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