Network Performance and Upcoming Stress Test
Data indicates that the Ethereum layer 2 solution, MegaETH, has achieved network speeds of up to 47,000 transactions per second (TPS) during testing. This development precedes the project's preparation for a significant stress test as it gears up for its mainnet launch.
In an announcement on X (formerly Twitter) on Monday, MegaETH stated that it would be conducting a "global stress test" on Thursday, with the official mainnet launch scheduled to follow.
"On Jan 22nd, we’re opening mainnet to users for several latency-sensitive apps while the chain is under intense, sustained load," MegaETH communicated. The project further elaborated on its objectives for the stress test:
"Stress tests only matter if they’re uncomfortable. We’re targeting sustained, true TPS of 15-35K, totaling 11B transactions across 7 days."
The upcoming stress test will involve the MegaETH team pushing the network's backend infrastructure to its limits. Simultaneously, users will have the opportunity to interact with Web3 gaming applications, including stomp.gg, Smasher, and Crossy Fluffle.
The MegaETH team explained their approach to the test: "On the backend, the team will be pushing a mixture of ETH transfers and v3 AMM swaps through @kumbaya_xyz until we hit 11B. In the end, MegaETH will have the largest tx count in history across all EVM chains while users frictionlessly play with the chain."
MegaETH is described as an Ethereum layer 2 solution that prioritizes speed over decentralization. The project claims to be "the first real-time blockchain" capable of processing over 100,000 TPS.
Currently, the MegaETH mainnet is accessible only to a select group of infrastructure builders and applications. The stress test will mark a limited opening of the mainnet to a broader user base. Following the completion of the stress test, MegaETH plans to proceed with its official launch.
Peak Performance and Comparative Analysis
On January 16, the Ethereum data analytics platform growthepie reported on X that MegaETH had reached a peak of nearly 47,000 transactions per second (TPS).
growthepie commented on the achievement: "Ok @megaeth you have our attention, we see you testing things out. Over 45k TPS, that's more transactions in 1 second than some chains have in a whole day. Excited to see this capacity put to good use!"
MegaETH's target TPS for the stress test is between 15,000 and 35,000, although the actual figures achieved during the official launch may vary.
In comparison, other speed-focused blockchain networks like Solana have a theoretical maximum of 65,000 TPS. However, real-world transaction speeds for Solana are closer to approximately 3,100 TPS, according to data from Token Terminal.