Reached the highest TPS for fully confidential transactions 🚀

[andrey]

Hi guys!
I want to share some news about our latest achievements in increasing TPS numbers on Incognito chain.

Last month @hieutran with his team implemented Batch Verification Technique to increase Incognito throughput.

Achieved awesome results and it’s just the beginning

Currently, with 8 shards active, Incognito can handle 100 TPS. With a full deployment of 64 shards, Incognito can handle 800 TPS — a significantly higher number than that of other privacy blockchains, which usually top out at less than 10 TPS.

What’s next?

We are going to keep working on increasing TPS numbers. The goal is 800 TPS for fully confidential assets.

Further reading

1. Sending Cryptocurrencies Confidentially: Ring Signature, Homomorphic Commitment, and Zero-Knowledge Range Proofs
2. Privacy at Scale with Sharding
3. Incognito Performance

[ELDAD]

@andrey is the current performance really a 100 tps??? Because it doesn’t look like it

[andrey]

Why not? Based on what you made the assumptions? Please share more details.

[ELDAD]

@andrey

Why not? Based on what you made the assumptions? Please share more details

I just initiated some few txs when the chain wasn’t that overloaded and it took me for abt 2 min before my txs were completed. And then there is not txs history showing in pstake account ( maybe a bug )

[devil-4-tomorrow]

Do you have any update on that?

[Stradimarius]

Have a look to that thread

Optimization of block creation

We have almost completed the development of the new Transaction Pool. In the past week, this version was deployed on DevNet and the benchmark results are quite impressive, better than we expected. This is fine, but we need more time to ensure that the new model is not only fast but also secure. Next week, we will test more and improve this model to achieve the main goal - reducing block creation time.