Still on the topic of building on the global onchain economy, millions, if not billions, of users, buying assets, getting groceries, paying for movies, investing, posting content, and making a living all on onchain. It’s a vision slowly coming to life.
But then you ask, What do they mean by “We’re scaling”?
You notice how the gas fees on every transaction are averagely around a cent, and the chain operating without congestion, even with the number of people onboarded and products built daily? It’s because of the frequent Gas Target scaling.
We just hit 32.5 MGas/s a few days ago, another step towards the big bald 250 MGas/s goal for 2025.
MGas/s, million gas units per second, measures the rate of computational work processed by a network. You can compare it to GHz in CPUs and GPUs, but not exactly; you get what I mean.
Enough of the jargon, what’s the practicality behind scaling gas targets? 0 reply
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