A headline transactions-per-second figure is not comparable until it is classified. iKnow Blockchain records every speed figure as a theoretical peak, a lab benchmark or an observed window, with its hardware and bandwidth assumptions and whether a home full node could keep up, and never compares figures of different classes. The home-node question comes from one school of thought: raising base-layer throughput raises the cost of full verification, which narrows who can independently verify the chain, so a figure that ordinary nodes cannot follow is read with that cost in mind. A counter-view holds that base-layer capacity can grow with hardware and bandwidth, that a stated protocol limit can be a real design parameter, that most users verify through light clients or proofs, and that added layers bring their own trust assumptions.
Key idea. A speed number means little without who measured it, on what hardware, over what window, and how ordinary users can verify the result.
Example
A theoretical peak computed from block limits is not comparable with transactions observed over a week on another chain; block interval, finality time and verification requirements usually say more.
Keep in mind
- In this school's view, theoretical peaks often ignore propagation, state growth and validation cost on ordinary hardware; in the counter-view, a peak derived from a stated protocol limit can describe a real design parameter. In either view, a peak is not comparable with observed load.
- Block fullness and mempool saturation are out of scope until a reproducible, published method exists.
- Observed throughput reflects demand in a window, not capacity.
Sources
- The Limits to Blockchain Scalability (external site)
- Nodes and clients (ethereum.org developer docs) (external site)
- Nakamoto, Bitcoin: A Peer-to-Peer Electronic Cash System (2008), section 8: Simplified Payment Verification (external site)
- Yakovenko, Solana: A new architecture for a high performance blockchain (v0.8.13, 2018) (external site)
- Al-Bassam, LazyLedger: A Distributed Data Availability Ledger With Client-Side Smart Contracts (2019) (external site)