This article was first published on Komodo
This blog post looks at five examples of how stress tests have guided the evolution of the blockchain space and why Komodo’s upcoming AtomicDEX Stress Test Event is important for blockchain interoperability, atomic swaps, DeFi, and DEX technology.
Why Stress Test?
Projects throughout the crypto space use stress tests in different ways. Some hire a firm to conduct a detailed audit. Others invite a select few participants (e.g. whitehat hackers) to break the network. Another approach is to have an open invite for anyone interested to join.
Regardless of which way the stress test is conducted, the general purpose is the same. Stress tests serve as a good barometer for assessing how the technology functions by demonstrating strengths and/or weaknesses. This information is then used to makes improvements that are implemented in the next iteration.
Quick Overview of Popular Stress Tests
Blockchain networks, DEXs, and DeFi protocols all run stress tests. Let’s look briefly at a few examples from recent history.
- Bitshares (March 2017): Bitshares demonstrated that its network could process 3,328 transactions per second. This stress test showed the capabilities of Delegated Proof of Stake (DPoS) as one of the leading blockchain consensus protocols in the blockchain space.
- Waves (November 2018): The Waves-NG network conducted load testing with over 6.3 million transactions in a 24-hour period. The network reached a peak of 911 transactions per second. This stress test provided data regarding the throughput capacity of Waves’s Leased Proof of Stake (LPoS) consensus protocol, which is a variation of the Proof of Stake (PoS) consensus protocol.
- Compound (February 2020): Gauntlet — a simulation platform for building financial models of blockchain protocols and ...
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