In fact, blockchains have often been a kind of bottleneck when it comes to processing larger data streams, as they could not process them quickly (and cost-effectively) enough.
With the Internet Computer Protocol (ICP), which we rely on for our solution, this has changed fundamentally.
ICP is characterized by both low latency and high throughput, the two most important measures of performance.
Unlike most blockchains, ICP does not have a theoretical maximum TX/s. Throughput scales horizontally with each subnet added.
A bit more technical:
- GET Query calls: ~200ms
- POST Update calls: ~1-2s to reach finality
- Query Call Speed: ~1,100,000 query calls/s
- Update Call Speed: ~20,800 update calls/s