Comparative Performance Analysis of TON Blockchain

Introduction

This technical documentation presents a comprehensive performance comparison of the TON Blockchain against other leading networks. The analysis focuses on transaction throughput, scalability, and network configuration, highlighting TON’s innovative approach to achieving high transaction per second (TPS) rates.

TON Blockchain Performance Overview

The TON Blockchain recently demonstrated remarkable performance in a series of tests, showcasing its potential to outpace traditional blockchains and centralized payment systems. With a confirmed TPS rate of 104,715 on a network configured with 256 validators and 512 shardchains, TON sets a new standard for transaction processing capacity.

Comparison with Other Networks

Blockchain Networks

Network Confirmed TPS Validators Shardchains Observations
TON 104,715 256 512 Utilizes dynamic sharding for scalability.
Bitcoin 7 - - Limited by block size and time.
Ethereum 20 - - Hampered by gas limits and block time.
BNB Smart Chain 2,200 - - Higher throughput but less decentralization.
Ripple (XRP) 1,500 - - Focused on fast cross-border payments.
Dogecoin 33 - - Originally created as a meme currency.
Cardano (ADA) 250 - - Balances decentralization with throughput.
Solana (SOL) 59,400 - - High throughput but has faced network halts.
TRON (TRX) 2,000 - - Optimized for entertainment applications.
Polygon (MATIC) 7,000 - - Layer 2 scaling solution for Ethereum.
Polkadot (DOT) 1,000 - - Allows for interoperable blockchain networks.

Payment Systems

Network Average TPS Maximum TPS Observations
Visa 6,105 65,000 Widespread adoption with high peak capacity.
MasterCard 412 5,000 Strong global presence with scalable infrastructure.
PayPal 707 Unknown Dominant in online payments with growing user base.

Technical Details

A detailed examination of TON’s test configuration reveals the use of ecs.c6.6xlarge instances on Alibaba Cloud, running on an Ubuntu-based environment. The testnet’s architecture was specifically designed to demonstrate TON’s “Accelerator” update, which includes performance optimizations and feature enhancements.

A unique smart contract was deployed to generate transactional load across the network, simulating real-world usage at scale. The source code for this contract is available for review and further development.

Conclusion

TON’s public test showcased not only a groundbreaking TPS rate but also the underlying robustness and adaptability of its network architecture. With TON’s dynamic sharding mechanism and the potential for millions of transactions per second, it represents a significant leap forward in blockchain technology, ready for mass adoption and capable of handling the transactional demands of the future.