Evaluating Blockchain Speed in a Decentralized Finance and Artificial Intelligence Era

The evaluation of blockchain speed has evolved over time to accommodate the growing demands of decentralized finance and artificial intelligence applications.

While transactions per second (TPS) remains a key metric, it is no longer sufficient to solely focus on this dimension when evaluating performance. Latency, finality, and compute requirements have become equally important in determining the speed of a blockchain network.

Qubic, a Layer 1 network, has achieved record-breaking speeds of 15.52 million transactions per second on its mainnet. The network's quorum-based consensus model provides Byzantine Fault Tolerance against up to one-third of validators acting maliciously, ensuring the integrity and reliability of the network.

The integration of AI workloads raises the bar on every performance metric while making verification of those metrics more consequential. A complete evaluation of blockchain speed must account for all dimensions, including latency, finality, compute requirements, and transaction costs.