The real arms race in Asia is block space, not TPS
The true future of decentralized computing lies not in raw speed, but in abundant block space, where Web3 runs the world’s indispensable decentralized supercomputer.
Opinion by: Shawn Tabrizi, engineering lead at Parity
In pursuit of adoption, many Web3 builders are hyperfocused on a simple, seductive metric: transactions per second (TPS). Protocols have trumpeted numbers rivaling traditional payment rails, convinced that sheer speed is the holy grail to convert billions of users and major enterprises. While this is intuitively appealing, it is insufficient.
Adoption, and its prerequisite utility, is ultimately about capacity, not speed. While TPS is undeniably important, the real arms race is not about the fastest race car but about robust, efficient, flexible and infinitely scalable mass transit systems. Financial applications often need speed, but compute-based applications require abundant, usable block space. This is the vision of Web3 as the world’s indispensable decentralized supercomputer.