Peaq Significantly Improves Blockchain Performance, Processing Over 67,000 Transactions Per Second

# Peaq Blockchain Achieves Superior Speed and Performance in Testnet Upgrade Peaq, a blockchain optimized for decentralized physical infrastructure networks (DePIN) and machine-based real-world assets (RWA), announced on March 10th that it has significantly improved its performance compared to competing Layer 1 blockchains, with remarkable results recorded on its proprietary testnet. Recently, Peaq revealed that it has reduced block creation time from the previous 6 seconds to less than 0.4 seconds and increased transactions per second (TPS) from 10,000 to over 67,000 on its internal testnet. These figures are not theoretical but achieved in real testnet environments, showcasing the network's ability to balance decentralization and speed. # Peaq's Technical Advancements Peaq does not use a centralized sequencer and measured pure performance excluding consensus transactions. The result is a blockchain that maximizes both decentralization and efficiency while maintaining high throughput when compared to existing Layer 1 blockchains. Peaq plans to apply this enhanced performance to its public testnet in Q2 and officially implement it in the mainnet by Q3. Peaq leverages parallel block creation, asynchronous backups, and flexible core timings to optimize blockchain performance. Currently capable of processing 10,000 TPS, the network aims to expand to over 100,000 TPS through future upgrades. Additionally, Peaq offers an economical transaction environment with a minimum transaction cost of approximately $0.00025. The blockchain's developer-friendly environment is another key strength. It supports EVM (Solidity) and WASM (Rust)-based smart contracts and provides various modular DePIN functionalities, including machine self-identification, role-based access control, data verification, machine-to-machine payment processing, data storage, indexing, and autonomous AI agents. Developers can implement these features with just 15 lines of code using the JavaScript-based Peaq SDK. # Scalability and Ecosystem Peaq interacts seamlessly with Polkadot and supports cross-chain machine IDs with Cosmos, Solana, and Binance. It also connects with over 30 blockchains through bridges and maintains EVM compatibility. Notably, Peaq is establishing a decentralized economic model where machines and DePIN builders generate and contribute transactions to the network, receiving rewards in return. This model aims to connect blockchain technology with physical infrastructure, fostering a new decentralized economic ecosystem. # Future Plans Peaq plans to showcase its enhanced performance on the public testnet in Q2 of this year, with mainnet implementation slated for Q3. A Peaq representative stated, "Our blockchain aims to provide practical performance, not just theoretical figures," adding, "We will continue our technology development to offer the industry's best scalability and economy." ---