Fantom - TPS

In many sources you read about Fantom being capable of executing 10 000 TPS. Similar sources also mention the goal of reaching 300 000 TPS, which is very respectable number. It seems like the number 10 000 TPS has originated from this twitter post, but when you follow the related links deeper, you notice that the high TPS figure is actually about the capabilities of Fantom’s Lachesis consensus engine only, excluding the actual running of the transactions. The post is visible here, which from below screen capture is taken from.

 

When we look more into the Fantom TPS topic, it is helpful to look into the Fantom blockchain explorer data here. At the time of writing the current TPS on the from page is around 14 TPS. Of course, that doesn’t mean it is the maximum TPS, but it is interesting to notice that even with this volume people are paying higher fees to get their transactions being picked for execution faster. Normally, when there is no congestion on the transaction execution, the standard, fast and rapid gas fees (see picture below) are close to each other as there is no point on paying more if all the transactions are being run without queue being formed. This would suggest that the 14 TPS is getting close to the actual real-life TPS limits.

 

In addition to previous, this reddit post would suggest that points presented above are likely being close to the truth. Reddit is not the most reliable source of information in any means but bringing up this only because it supports the actual observations anyone can see by looking into the Fantom blockchain explorer data. This is the comment I’m referring to below:

Based on all this information, I think 20 TPS is quite likely close to the truth about the real-life maximum sustainable TPS.