Stellar Claims Fee-Free Network Capable of 7 Million Transactions Per Second
(4 hours ago) · 1 source · Summarized by CryptoBipto
Stellar has announced a network upgrade that it says eliminates transaction fees and achieves a throughput of 7 million transactions per second. Details about the technical implementation and independent verification of these claims remain limited.
WHY IT MATTERS
Blockchains are networks that process and record transactions. Two important features people look at are speed (how many transactions the network can handle per second) and cost (the fees users pay for each transaction). Think of it like a highway: speed is how many cars can pass through per minute, and fees are like tolls. Stellar is claiming it has built a highway with no tolls that can handle far more traffic than any existing road. If true, this could make the network more attractive for everyday payments. However, these claims have not been independently confirmed, and past blockchain projects have sometimes overstated their capabilities.
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- thedefiant.io
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