I am researching the Algorand architecture and found this:
The targets were proposed by Algorand founder Prof. Silvio Micali in Dec 2020. https://www.algorand.com/resources/algorand-announcements/algorand-2021-performance
However, I am wondering how Algorand can achieve the mission. What will need to be upgraded for the 10k or 46k TPS with the latency reduction to 2.5 s, e.g. hardware, node requirement, storage, etc.
Really would love to see node hardware requirements for 46k
I saw a few newspaper pages sharing ALGO’s future TPS, so I would like to ask, is it true that 2025 will be 1M TPS?
Algorand about future TPS:
2023: 10,000 TPS
2024: 100,000 TPS
2025: 1,000,000 TPS
To my knowledge, especially as discussed in the early days on Algo’s subreddit, 46,000 TPS has always been the theoretical target.
It has been informed later that they will be aiming at 10,000 TPS and increasing TPS will be done along with consultation with the community. They are currently focusing on dynamic block time which can further reduce the confirmation time.
