Led by President and CEO Grigore Rosu, Pi Squared’s FastSet protocol, now in pre-release, achieves over 100,000 transactions per second with sub-100ms finality, marking a significant milestone.
FastSet’s pre-release advances decentralized technology, promising enhanced scalability and speed, potentially transforming transaction processing efficiency in the cryptocurrency ecosystem.
Pi Squared’s FastSet Protocol officially entered pre-release, achieving over 100,000 transactions per second with sub-100ms finality.
This development aims to significantly enhance the decentralized infrastructure by surpassing existing speed benchmarks previously held by comparable protocols.
FastSet Protocol Hits 100K TPS Milestone
Pi Squared’s FastSet Protocol officially entered pre-release, achieving over 100,000 transactions per second with sub-100ms finality. The development aims to significantly enhance the decentralized infrastructure by surpassing existing speed benchmarks previously held by comparable protocols.
Led by Grigore Rosu, FastSet utilizes the expertise from formal semantics and the K Framework to achieve these speeds. The system isn’t a blockchain but a decentralized network, marking a significant shift in protocol design and implementation.
“FastSet achieves over 100,000 transactions per second. The technology allows for theoretically infinite scalability… FastSet is not a blockchain but a decentralized network.” – Grigore Rosu, President & CEO, Pi Squared
Multi-Chain Interoperability Awaits Further Testing
FastSet’s architecture provides multi-chain interoperability, though current official releases do not specify impacts on ETH, BTC, or altcoins. Upcoming benchmark tests and community involvement are expected to validate its performance claims further.
Experts anticipate that this advancement could influence multi-chain environments and potentially inspire similar technological shifts. Future developments and test results could reshape expectations around decentralized protocol capabilities and market dynamics.
FastSet Operates on Standard 24-Core CPUs
Contrasting with previous scalability milestones where expensive hardware was crucial, FastSet operates on standard 24-core CPUs. This could democratize participation and signal a new precedent for speed in decentralized network infrastructures.
Expert insights suggest that modular architecture might redefine existing norms and attract developers seeking scalable solutions. The protocol’s real-time Explorer and TPS challenge games underscore its commitment to empirical performance benchmarking.
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