At the London Blockchain conference last week, the Vaionix enterprise software company announced they were putting 86 million transactions within 24 hours, not on an L2 system, but directly on the Bitcoin SV chain. This if feasible because of the inherently parallel UTXO (cash based) architecture. Account based systems such as Ethereum, Solana, and the rest of the non Bitcoin universe will never catch-up because they have the fundamental bottleneck of reaching consensus on the state of the chain.
At the London Blockchain conference last week, the Vaionix enterprise software company announced they were putting 86 million transactions within 24 hours, not on an L2 system, but directly on the Bitcoin SV chain. This if feasible because of the inherently parallel UTXO (cash based) architecture. Account based systems such as Ethereum, Solana, and the rest of the non Bitcoin universe will never catch-up because they have the fundamental bottleneck of reaching consensus on the state of the chain.