《The Million TPS Illusion of a Certain Public Chain: How Technological Myths Collapse》**
In 2019, a new public chain claiming to achieve a million TPS (transactions per second) emerged. The team boldly declared that they would completely surpass Ethereum and become the underlying infrastructure of the next generation of the global internet. At the launch conference, the data was dazzling, and the team proclaimed, "The performance revolution has arrived."
Capital and retail investors rushed in, and the token price skyrocketed, with the community filled with shouts of "disruptive era" and "invincible future."
However, the actual testnet has never been able to run stably and publicly, the key technical details in the white paper are vague, the number of nodes is extremely low, and even the most basic decentralization cannot be verified.
A few months later, the project's mainnet was forcibly launched, but it frequently crashed, transactions were stuck for long periods, and the so-called "million TPS" was proven to be just a theoretical number in a laboratory environment, rather than a performance achievable in reality. The token subsequently plummeted, team members left one after another, and the project gradually fell silent.
This episode tells everyone:
The more exaggerated the technical promises, the more one needs to remain calm.
The cryptocurrency world is full of dreams, but what is lacking is real technology that can be realized.
Before investing, understanding strength is more important than listening to stories.
