An SOL rival has reached 400 TPS, according to a core contributor
Base proponents are sharing impressive TPS data, but detractors claim they are biased unjustly in favour of the network by including unsuccessful transactions. According to Jesse Pollak, the firm’s head of protocols, the Ethereum layer-2 network Base has achieved high transaction per second (TPS) throughput levels.
In an April 9 post to X, Pollak reported a throughput of 300-400 TPS, which he said was achieved “with no issues.” However, the supported layer-2 blockchain has a real-time TPS of 26.8 and a maximum recorded TPS of 292. L2Beat, a layer-2 ecosystem analytics tool, stated that average transactions per second on Base peaked at 37 on April 8, more than doubling Ethereum’s 14 TPS.
In response to Pollak’s original post on X, pseudonymous trader Wazz stated that if Pollak’s observations were correct, the network may achieve a similar TPS to the Solana network. “Correct me if I’m wrong but if true then Base is now doing the same TPS as Solana,” Wazz stated that approximately 60% of Solana’s reported 1,000 TPS were failed transactions, implying that the true TPS was closer to 400.
Solana-based Helius Labs CEO Mert Mumtaz questioned Pollak’s TPS numbers, claiming that failed transactions were not included in the Base calculations. He also stated that the largest Base block in the data set had 94% unsuccessful transactions, yielding an actual TPS of 41.
The findings came amid escalating tensions between supporters of Ethereum layer-2 scaling solutions and those of the Solana network. In recent weeks, Solana has received numerous complaints about poor user experience, failed transactions, and other dependability issues.
Mumtaz earlier stated that Solana’s present problems are not due to a fundamental design error, but rather to a specific implementation bug in the network protocol.
On April 9, Cointelegraph reported that numerous Solana project launches were postponed owing to persistent network congestion. Base’s network activity has increased dramatically in recent months, owing primarily to an expanding memecoin fever.
The total value locked (TVL) on the Base network reached an all-time high of $1.5 billion on April 9, according to DefiLlama data. This is a 235% gain from the beginning of the year when memecoin degens flocked to the network. While degens have been racing to identify the current trend in new meme-coins, an in-depth investigation of new memecoins on Base revealed that more than 90% had at least one security flaw, with 17% being blatant scams.
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