Tezos (XTZ) Sets New High in TPS: Check Out Statistics

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Tezos (XTZ) Sets New High in TPS: Check Out Statistics
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Tezos (XTZ) blockchain's bandwidth eclipsed 1,000 transactions per second with Octez v13 update

Namely, the Irmin backend that supercharges Tezos' storage layer saw two novel strategies implemented. First, Tezos engineers dramatically reduced the number of calls required for blockchain operations. Then, the data indexing strategy was also reorganized.

These two updates resulted in an impressive performance increase for the entire Tezos ecosystem. Besides a 5x increase in TPS—which allowed Tezos to accomplish a 1,000 transactions per second milestone—engineers registered 12x improvement in the mean latency of operations and an 80% memory usage decrease.The aforementioned changes are already finished and will be included in the upcoming Octez v13 upgrade.

Also, to make blockchain usage more resource-efficient, Tezos engineers will organize its infrastructure in two layers: a read-write layer and a read-only one. This will allow node operators to use less disk space. Last but not least, besides C bindings, Tezos supporters can start experimenting with Python and Rust bindings. This upgrade will introduce Tezos and its products to a new audience of developers and upgrade its interoperability.

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