At 20:00 on 2 September, the 24-hour stress test ended with the following key results.
1.Daily trading volume exceeds 2 million
On September 1, the BCH network processed over 2,103,700 transactions. BCH has already broken the 24-hour transaction processing records of Ripple (1.7 million transactions/day) and Ether (1.2 million transactions/day). On Sept. 2, 1,370,400 transactions were processed.
Also, according to fork.lol, the BCH network once processed 85,835 transactions an hour at 23.8 per second .
2.Maximum block up to 21.3M
At 20:29:41 on 02/09/09 , block height 546104 was hit, hitting the largest block during the test. The block size of 21,354,763 Bytes , containing 95,861 transactions, set a new maximum block size.
3.Transaction fees have not increased
9.On the 1st day, the average fee was $0.0017, maintaining a relatively low level. proves that BCH is capable of handling a large number of transactions while keeping fees low.
Overall, the test was a great success. Even with the addition of many transactions, the BCH network can process them in a timely manner and with low fees. This can give confidence to more users and businesses. After all. Getting more people to use it makes the network more valuable。
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