Latest / The Paul Barron Crypto Show / Polkadot Smashes WORLD RECORD TPS!!🚨Get Ready️‍🔥

Transcript

Polkadot Smashes WORLD RECORD TPS!!🚨Get Ready️‍🔥 · The Paul Barron Crypto Show

• 0:05
  Speaker 1: Let's jump into polka dot today and break it down.
• 0:08
  Speaker 1: There's something big happening and you guys need to pay attention.
• 0:11
  Speaker 1: My name is Paul Berre. Welcome back into tech path.
• 0:13
  Speaker 1: Let's get into it and we will kind of reveal
• 0:15
  Speaker 1: a few clips today that a lot of people didn't see.
• 0:18
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• 0:44
  Speaker 1: All right, So let's take a quick look at the
• 0:46
  Speaker 1: fastest blockchains. But this is by max recorded tps. So
• 0:51
  Speaker 1: this is the total number of tps transaction per second
• 0:55
  Speaker 1: ICP of course leading the way around twenty five thousand, Apto, Solana,
• 0:59
  Speaker 1: et cetera. Come in there. I know everybody's going to ask, well,
• 1:01
  Speaker 1: what about some of these others. For sure, Polka Dot
• 1:04
  Speaker 1: is in a position where they're going to try to
• 1:06
  Speaker 1: outpace this. And we're going to show a few videos
• 1:08
  Speaker 1: that will kind of give you some insights to this.
• 1:11
  Speaker 1: Right here is Solana Solana doing around thirty nine thousand tps.
• 1:16
  Speaker 1: That's their new number. Again, this has been in conjunction
• 1:19
  Speaker 1: with Fiedancer, so that's one thing. Also, Cardona Cardano hit
• 1:23
  Speaker 1: a million and they were on Hydra and again this
• 1:28
  Speaker 1: is something we don't know for sure if that actually happened,
• 1:31
  Speaker 1: but this is what their CEO is talking about, or
• 1:34
  Speaker 1: their leader in charge with Charles Hoskinson. But I want
• 1:39
  Speaker 1: to go into a couple of clips here that will
• 1:41
  Speaker 1: give you guys some insights to what is happening with
• 1:44
  Speaker 1: Polka Dot. So first of all, how does the test work?
• 1:48
  Speaker 1: Let us show you take a look.
• 1:49
  Speaker 2: On a test network. You cannot test anything to do
• 1:52
  Speaker 2: with economics. What you're trying to show here is that
• 1:56
  Speaker 2: the system can we stand that flood of transection.
• 2:00
  Speaker 3: The reference hardware we have on Cosama is like machines
• 2:03
  Speaker 3: for four cores, so my phone has more. So we
• 2:08
  Speaker 3: don't have much hardware, much resourceless.
• 2:11
  Speaker 4: Could we break the chain today.
• 2:13
  Speaker 3: In sir, it should not, and yeah it could. Like
• 2:18
  Speaker 3: practically speaking.
• 2:19
  Speaker 4: The people at home are going to need to be
• 2:22
  Speaker 4: participating actively to spam the network. We're going to try
• 2:26
  Speaker 4: to all work together to push the tps to all
• 2:29
  Speaker 4: time highs.
• 2:30
  Speaker 2: And you can select a chain from the drop down,
• 2:33
  Speaker 2: you know, pick your favorite, and then you can just
• 2:35
  Speaker 2: hit spam. Now, this generates an account for you. It
• 2:39
  Speaker 2: funds the account, but then you can just send spam
• 2:42
  Speaker 2: transactions directly from your browser. Yeah. One thing I do
• 2:45
  Speaker 2: want to note is it does use all of your
• 2:47
  Speaker 2: cores for signing these transactions.
• 2:50
  Speaker 4: Oh, keep all the extra applications off and focus solely
• 2:54
  Speaker 4: on spamming.
• 2:55
  Speaker 5: Yep.
• 2:55
  Speaker 1: But this is a real test, so they were trying
• 2:58
  Speaker 1: to pull this off real accoun This is a pretty
• 3:02
  Speaker 1: big feat if they were able.
• 3:03
  Speaker 6: To achieve it.
• 3:04
  Speaker 1: So I want to go to this next clip that
• 3:06
  Speaker 1: will show you what the results were. Take a look.
• 3:08
  Speaker 4: But right now we are sitting at twenty two thousand
• 3:11
  Speaker 4: tps right and.
• 3:13
  Speaker 6: I'm already I'm already clicking, but we should probably be
• 3:16
  Speaker 6: looking at about fifty k, fifty k at least.
• 3:21
  Speaker 4: This This is this is a new all time I
• 3:23
  Speaker 4: eighty five thousand, eighty eight thousand, eighty eight thousand tps,
• 3:26
  Speaker 4: eighty nine thousand tps right now on the live CUSAUMA network.
• 3:31
  Speaker 4: Ninety four thousand tps right now, live on a live
• 3:35
  Speaker 4: vole value in production blockchain. That's happening right now. It's
• 3:40
  Speaker 4: moving fast, faster, is now up?
• 3:41
  Speaker 7: What do we got there?
• 3:43
  Speaker 4: One hundred thousand gps on a live production network?
• 3:48
  Speaker 7: Oh, I think everything's going good on my side, I
• 3:52
  Speaker 7: got I got max like one hundred and thirty or
• 3:54
  Speaker 7: one hundred and twenty five or something like that.
• 3:56
  Speaker 4: Oh, but yeah, And how many cores did we end
• 3:59
  Speaker 4: up use?
• 4:00
  Speaker 3: How many costs did dstreet costs?
• 4:03
  Speaker 4: And how many are there available? One hundred? Theoretically you
• 4:07
  Speaker 4: could quadruple the tps we hit here and you could
• 4:10
  Speaker 4: probably handle that.
• 4:12
  Speaker 6: If we don't pokodot, we could probably increase this number.
• 4:16
  Speaker 4: So whatever we see today, we could expect it to
• 4:18
  Speaker 4: be even bigger on poko dot. Well just wait to
• 4:20
  Speaker 4: the folks at Walmart here that we just cleared one
• 4:23
  Speaker 4: hundred thousand tps on Kusama.
• 4:25
  Speaker 1: They're going to go nuts, all right. So this was
• 4:27
  Speaker 1: the live test, and the official world record they claim
• 4:31
  Speaker 1: is at one hundred and twenty eight thousand transactions per
• 4:34
  Speaker 1: second all on Kosama. This is a Polka dot parachain
• 4:38
  Speaker 1: out there, and of course, if you guys have been
• 4:39
  Speaker 1: around for a long time, you probably remember all of
• 4:42
  Speaker 1: those parachains. So one of the things that they were
• 4:44
  Speaker 1: trying to do was achieve this test for some of
• 4:46
  Speaker 1: the game transactions that have been out there.
• 4:48
  Speaker 5: Mythical.
• 4:49
  Speaker 1: You've heard us talk about this before quite a bit
• 4:51
  Speaker 1: on the show. This is one of the ones that
• 4:53
  Speaker 1: will create quite a bit of demand.
• 4:55
  Speaker 5: I'm going to go to a.
• 4:55
  Speaker 1: Clip here and they'll explain a little bit further why
• 4:57
  Speaker 1: this was so important.
• 4:58
  Speaker 5: Take a look, and these six million counts is going
• 5:02
  Speaker 5: to be dropped by what we see coming on with
• 5:05
  Speaker 5: the with the few new games that we have coming
• 5:07
  Speaker 5: into twenty five, one of them is Putty Penguins, and
• 5:11
  Speaker 5: then I think the really big one obviously is our
• 5:14
  Speaker 5: FIFA Rivals game, and that game is massive. The previous
• 5:17
  Speaker 5: FIFA game on mobile had five hundred million players in
• 5:20
  Speaker 5: a year. If we just take a small part of that,
• 5:23
  Speaker 5: then we're looking at probably one hundred million players on
• 5:27
  Speaker 5: FIFA Rivals.
• 5:28
  Speaker 1: All right, So as you can see there what they
• 5:30
  Speaker 1: were talking about was really the demand that's going to
• 5:32
  Speaker 1: happen within the gaming ecosystems. That's probably going to be
• 5:35
  Speaker 1: one of the biggest thing that is going to require
• 5:37
  Speaker 1: transactions per second to be super high, and that is
• 5:41
  Speaker 1: huge for Polka dot. So this could really impact maybe
• 5:45
  Speaker 1: the entire ecosystem of gaming. Polka Dot could be right
• 5:47
  Speaker 1: there at the front of this. I want to go
• 5:49
  Speaker 1: to this next clip. This will get into what they're
• 5:51
  Speaker 1: trying to get to and it may surprise you. Take
• 5:54
  Speaker 1: a look.
• 5:55
  Speaker 7: We're getting a computer that is about one hundred times
• 5:58
  Speaker 7: as fast as any single computer. Right, this is worse Again,
• 6:01
  Speaker 7: where Etherium was as fast as one computer all the valuators,
• 6:05
  Speaker 7: we are getting one hundred times that, and then things
• 6:08
  Speaker 7: like JAM are going to scale to I think three
• 6:10
  Speaker 7: hundred times right, it was like three hundred and thirty
• 6:12
  Speaker 7: times the power of a single computer. We already have
• 6:15
  Speaker 7: ideas in place for scaling past that. A word that
• 6:19
  Speaker 7: came up when I was talking to Gap about this
• 6:20
  Speaker 7: is called the grid. Right, so multiple JAM computers. Wow,
• 6:24
  Speaker 7: we're talking about taking a million tps like on JAM
• 6:28
  Speaker 7: and then scaling that to however many different computers. We
• 6:32
  Speaker 7: need to satisfy the needs of the world, not only
• 6:34
  Speaker 7: world level, but like you know, intergalactic levels, oh, the
• 6:37
  Speaker 7: whole system.
• 6:38
  Speaker 4: Yeah, God, that is so fucking bullish.
• 6:41
  Speaker 1: All right, So I know this is a little nerdy, guys,
• 6:43
  Speaker 1: I completely get it. Point is, they're really trying to
• 6:46
  Speaker 1: do something now within crypto. I think that is going
• 6:49
  Speaker 1: to be needed. So we'll see if all of this
• 6:52
  Speaker 1: actually comes to reality, then you're going to see Polka
• 6:56
  Speaker 1: Dot do some pretty crazy things in terms of valuation.
• 6:59
  Speaker 1: One of the things they're trying to do right now
• 7:01
  Speaker 1: is break the top ten. And guess who's in the way.
• 7:03
  Speaker 1: Ton Coin is right there, and we might see polka
• 7:06
  Speaker 1: Dot start to move its way into the top ten
• 7:09
  Speaker 1: as a whole. If you take a look right here,
• 7:11
  Speaker 1: it's number fourteen ton coins right there on a blot
• 7:14
  Speaker 1: behind it or in front of it, I should say,
• 7:16
  Speaker 1: but by far, don't you think poke doont has the
• 7:19
  Speaker 1: best icon four coin market cap? I just love that
• 7:22
  Speaker 1: little pink flame. Anyway, a lot happening out there in
• 7:26
  Speaker 1: the poke Dot ecosystem. We'll try to bring you guys more.
• 7:28
  Speaker 1: We are going to do a video on the novel wallet,
• 7:30
  Speaker 1: which is the Polka Dot ecosystem Wallet to give you
• 7:33
  Speaker 1: a little bit more insight because there's some big changes
• 7:35
  Speaker 1: over there as well. Make sure and jump in on
• 7:37
  Speaker 1: the Diamond Circle. It's great place to get additional content
• 7:40
  Speaker 1: and also follow me out there on x at Paul Baron.
• 7:42
  Speaker 1: We'll catch you next time right here on tech Path