Centr Blockchain Software, a community of blockchain applications enthusiasts, performed a third-party speed test of Credits blockchain.
Credits blockchain is a technology of the eponymous company known as a network-based payments system supporting online money transfers and alternative electronic payment solutions. This has been built with the use of blockchain technologies and traditional payment methods.
Results of speed test:
Sponsored- The highest recorded number of transactions observed a single block: 305,552 transactions with a block speed of 1,400 MS
- Average transactions per block: 70,000 – 150,000
- Average block speed: 700 MS – 1,300 MS
- Total volume of transactions processed: 130,493,210 transactions
According to Centr Blockchain Software: “The Credits blockchain has demonstrated its scalability by running on high-quality hardware and network connection. However, the observed blockchain speed was strong. Even higher numbers are easily possible given the limitations of the network’s bandwidth.”
“The truth here lies in the numbers and we are hyped to see Credits go mainstream as the results are way beyond any expectations previously shared,” the team states.
About Credits
Credits is a technology company registered in London, UK, and operates globally. It was originally launched in 2017 to build the fastest and most scalable open-source blockchain platform capable of processing up to millions of transactions per second. The main mission of the company is to be the services provider with banking, cryptocurrency, and investment products all in one place.
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