According to reports, the testnet of Avalanche, the first-layer blockchain network for smart contracts, processed more than 140,000 transactions per second during testing of its HyperSDK blockchain upgrade.
Avalanche is currently testing a framework for building high-performance virtual machines (VMs) from scratch on the network.
According to Ava Labs, HyperSDK is structured so that developers can “plug in a lightning-fast execution environment without having to write massive amounts of code from scratch.”
This simplifies and accelerates custom virtual machine development, making it easier for developers to launch optimized blockchains.
According to screenshots shared on GitHub, HyperSDK reached 143,322 transactions per second in a controlled test environment.
By comparison, Avalanche claims current processing speeds of up to 4,500 TPS, Solana claims between 2,000 and 3,000 TPS, and Ethereum only has 15-20 TPS, according to Coincodex.
#avalanche HyperSDK, 143k TPS! ! ! pic.twitter.com/m66EisQ9Ux
— JonB (@Jonbros01) September 2, 2023
Nick Mussallem, head of product at Ava Labs, told Cointelegraph’s Andrew Fenton at Korea Blockchain Week 2023 that he expects actual throughput to eventually stabilize around 50,000 TPS.
“Their tally was 141,000. But that was in a very controlled environment. So I think if you cut that in half, that’s still very generous and would probably do more.”
Talking about the blockchain trilemma, the delicate balance between decentralization, scalability and security, he said nothing was sacrificed, adding that Avalanche developers wrote it from scratch for the better Local processing status management:
“Basically taking out a lot of things in the EVM (Ethereum Virtual Machine) that they didn’t think were needed at the network layer or the storage layer, and then putting our consensus algorithm underneath it. And it’s progressing very quickly. It’s now optimized .”
Blockchains built using HyperSDK will run as subnets called HyperChains and can be adapted to any functionality developers wish.
There will be a user interface (GUI) that requires no additional coding, and developers will also have the option of a virtual machine. “You can actually start it in five minutes,” Mussallem said.
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Mussallem said HyperSDK is open source and available now, “but it’s still in early beta.”
It’s not yet launched or ready for production, which is targeted for completion by the end of the year, he added.
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