Recently, discussions about next-generation blockchain technology have been revolving around Gigagas, but what exactly is it?
And why is it considered a superior metric compared to TPS?
We got you covered and we've compiled a list of blockchain networks that have achieved or are targeting Gigagas performance.
So, let's dive in 🧵
...
— 📌 What is Gigagas?
The Gigagas concept, introduced by @paradigm, measures the computational work a blockchain can handle per second.
Specifically, 1 billion "gas" units per second equals 1 Gigagas.
Unlike measuring transactions per second (TPS), Gigagas (GPS) offers a more nuanced view, reflecting the network's ability to process complex tasks. This makes it a more accurate gauge of efficiency and scalability.
Gigagas aids in cost assessment by indicating per-second gas fees, impacting network economics and user experience. It standardizes performance comparisons across EVM-compatible chains.
Importantly, Gigagas matters because it helps blockchains to measure its capabilites to support demanding applications like:
➢ Onchain payment and DeFi with complex smart contract
➢ Onchain real-time gaming
➢ High-frequency trading on-chain with low latency
➢ Multi-agentic onchain swarm
...
— 📌 List of projects
Below is a list of projects that have aimed for or achieved Gigagas performance, primarily in their Devnet or Testnet stages ( to make it easy to read 1 GPS = 1 gigagas/s):
➢ @Somnia_Network (50 GPS in Devnet)
➢ @rise_chain (1 GPS initially and up to 10 GPS)
➢ @GravityChain (1 GPS leveraging GrEVM and up to 6.8 GPS)
➢ @megaeth_labs (1.5 GPS in testnet, aiming for 10 GPS)
➢ @pharos_network (2 GPS)
➢ @SeiNetwork (5 GPS in Sei V3 internal devnet)
➢ @abundance_xyz (1 GPS)
➢ @SonicLabs (1.3 GPS)
➢ @MetisL2 Hyperion (1 GPS)
➢ SURGE Rollup by @NethermindEth (Aiming for 1 GPS)
Honourable mention*
➢ @N1Chain (10,000 TPS/app)
➢ @solayer_labs (InfiniSVM achieves 1M TPS and 100 Gbps+ in testnet)
➢ @Aptos (500k TPS in conflicting txs, <1s finality)
➢ @monad_xyz (10k TPS)
➢ @SuiNetwork (297k+ TPS with 100 globally distributed validators)
➢ @AltiusLabs - VM-Agnostic Modular Scaling
➢ @gelatonetwork - Rollup-as-a-Service (RaaS) with ABC Stack
➢ @conduitxyz G2 - RaaS
Please note that a high TPS doesn't directly translate to higher gigagas without specific data. For context, Sei Labs' roadmap aims for 5 gigagas, equivalent to approximately 250,000 TPS. This suggests that reaching 1 million TPS could theoretically approach or exceed gigagas if gas-intensive transactions are processed efficiently.
Tagged my friends to check Gigagas Chain
> @blocmatesdotcom
> @AleaResearch
> @CipherResearchx
> @HouseofChimera
> @YashasEdu
> @belizardd
> @SherifDefi
> @0xCheeezzyyyy
> @Foxi_xyz
> @moic_digital
> @Mars_DeFi
> @YashasEdu
> @thelearningpill
> @kenodnb
> @Flowslikeosmo
> @DeFiMinty
> @Haylesdefi
> @Hercules_Defi
> @DeRonin_
> @0xAndrewMoh
> @0xDefiLeo
> @Defi_Warhol
> @CryptMoose_
> @0xelonmoney
> @TheDeFiPlug
> @arndxt_xo
> @CryptoShiro_
> @the_smart_ape
Recently, discussions about next-generation blockchain technology have been revolving around Gigagas, but what exactly is it?
And why is it considered a superior metric compared to TPS?
We got you covered and we've compiled a list of blockchain networks that have achieved or are targeting Gigagas performance.
So, let's dive in 🧵
...
— 📌 What is Gigagas?
The Gigagas concept, introduced by @paradigm, measures the computational work a blockchain can handle per second.
Specifically, 1 billion "gas" units per second equals 1 Gigagas.
Unlike measuring transactions per second (TPS), Gigagas (GPS) offers a more nuanced view, reflecting the network's ability to process complex tasks. This makes it a more accurate gauge of efficiency and scalability.
Gigagas aids in cost assessment by indicating per-second gas fees, impacting network economics and user experience. It standardizes performance comparisons across EVM-compatible chains.
Importantly, Gigagas matters because it helps blockchains to measure its capabilites to support demanding applications like:
➢ Onchain payment and DeFi with complex smart contract
➢ Onchain real-time gaming
➢ High-frequency trading on-chain with low latency
➢ Multi-agentic onchain swarm
...
— 📌 List of projects
Below is a list of projects that have aimed for or achieved Gigagas performance, primarily in their Devnet or Testnet stages ( to make it easy to read 1 GPS = 1 gigagas/s):
➢ @Somnia_Network (50 GPS in Devnet)
➢ @rise_chain (1 GPS initially and up to 10 GPS)
➢ @GravityChain (1 GPS leveraging GrEVM and up to 6.8 GPS)
➢ @megaeth_labs (1.5 GPS in testnet, aiming for 10 GPS)
➢ @pharos_network (2 GPS)
➢ @SeiNetwork (5 GPS in Sei V3 internal devnet)
➢ @abundance_xyz (1 GPS)
➢ @SonicLabs (1.3 GPS)
➢ @MetisL2 Hyperion (1 GPS)
➢ SURGE Rollup by @NethermindEth (Aiming for 1 GPS)
Honourable mention*
➢ @N1Chain (10,000 TPS/app)
➢ @solayer_labs (InfiniSVM achieves 1M TPS and 100 Gbps+ in testnet)
➢ @Aptos (500k TPS in conflicting txs, <1s finality)
➢ @monad_xyz (10k TPS)
➢ @SuiNetwork (297k+ TPS with 100 globally distributed validators)
➢ @AltiusLabs - VM-Agnostic Modular Scaling
➢ @gelatonetwork - Rollup-as-a-Service (RaaS) with ABC Stack
➢ @conduitxyz G2 - RaaS
Please note that a high TPS doesn't directly translate to higher gigagas without specific data. For context, Sei Labs' roadmap aims for 5 gigagas, equivalent to approximately 250,000 TPS. This suggests that reaching 1 million TPS could theoretically approach or exceed gigagas if gas-intensive transactions are processed efficiently.
18,61 k
0
Le contenu de cette page est fourni par des tiers. Sauf indication contraire, OKX n’est pas l’auteur du ou des articles cités et ne revendique aucun droit d’auteur sur le contenu. Le contenu est fourni à titre d’information uniquement et ne représente pas les opinions d’OKX. Il ne s’agit pas d’une approbation de quelque nature que ce soit et ne doit pas être considéré comme un conseil en investissement ou une sollicitation d’achat ou de vente d’actifs numériques. Dans la mesure où l’IA générative est utilisée pour fournir des résumés ou d’autres informations, ce contenu généré par IA peut être inexact ou incohérent. Veuillez lire l’article associé pour obtenir davantage de détails et d’informations. OKX n’est pas responsable du contenu hébergé sur des sites tiers. La détention d’actifs numériques, y compris les stablecoins et les NFT, implique un niveau de risque élevé et leur valeur peut considérablement fluctuer. Examinez soigneusement votre situation financière pour déterminer si le trading ou la détention d’actifs numériques vous convient.