Expert: blockchain transmission per second is expected to reach 500,000 TPS per second by the end of this year

According to the Dalian Daily News, on September 27th, the Korean IT industry experts and the relevant departments of the Ministry of Education and related experts held a press conference on the first test of the IT industry blockchain network speed in Dalian. According to a Korean expert who developed this project, the test proved that the blockchain transmission of 90,651 TPS per second (information volume) has become the fastest speed. It is expected to reach 500,000 TPS per second by the end of this year. The target for next year is 1 million TPS, which will be in the world. A new breakthrough in the field of network speed.