L1 and L2 are vying to claim ultra-high TPS. Is the demand really about speed?

By: blockbeats|2025/04/14 13:45:03

Original Article Title: The Great TPS Lie: Crypto's Obsession With Solving Problems Nobody Has
Original Article Author: @therosieum, @tenprotocol Member
Original Article Translation: Diodeep

Editor's Note: The article criticizes the crypto industry's blind pursuit of high TPS (transactions per second), arguing that this race is based on false advertising and overlooks real user needs. Projects, in order to attract funding and attention, exaggerate lab data, sacrificing decentralization, security, and usability to solve often irrelevant problems. The author calls for a focus on genuinely meaningful blockchain applications, building according to actual use case scales, rather than chasing unrealistic digital fantasies.

The following is the original content (reorganized for ease of understanding):

Every week, a new L1 or L2 project goes live, claiming: "We can process 100,000 transactions per second!"

Sometimes it's 50,000 transactions, sometimes it's 1 million.

The exact number doesn't matter because it's all mostly nonsense.

The "Faster Than Thou" Race of Transaction Speed

The scalability war has devolved into crypto's most embarrassing showdown. Every new protocol must claim a higher TPS than the previous one, regardless of whether these speeds are:

· Achievable beyond their AWS testnet (spoiler: it's almost impossible)

· Meaningful for real-world applications

· Necessary for scenarios used by actual humans

This obsession with throughput is like the crypto world taking a Lamborghini for a joyride during rush hour. The problem isn't with the specs but with the context.

Talking About Real Data

Visa, the payment giant that processes transactions for billions of people globally, averages around 1,700 transactions per second. Their theoretical maximum is around 24,000 TPS, but they have never needed this capacity in decades of operation.

Meanwhile, most blockchain projects struggle to attract even 100 daily active users.

If your Discord emojis outnumber your on-chain transactions, you might be solving a problem that exists only in your imagination.

The Hidden Cost of Chasing "Blockchain Scalability Trilemma"

The obsession with theoretical throughput can lead to real-world issues that harm users.

Firstly, there is the disguised centralization: In pursuit of high TPS, decentralization is often sacrificed for the sake of a marketing number.

Secondly, there is security theater: Cutting corners in hasty scaling introduces vulnerabilities that will sooner or later be exploited.

Furthermore, there is engineering talent drain: Top talent is not building what users really need but instead is stuck optimizing synthetic benchmarks.

Lastly, there is blatant deception: Network propaganda's lab numbers crumble under real-world conditions.

The Unsettling Truth

There are two reasons for the obsession with extreme scalability:

· You need to sound tech-savvy to justify your $100M funding

· You desperately want your chain to stand out in a market of over 5000 blockchains

User needs are only an afterthought. The real game is to make retail investors believe you are the ultimate solution—VCs then act as the loudest KOLs for your TPS narrative.

L1 and L2 are vying to claim ultra-high TPS. Is the demand really about speed?

Building Something Truly Meaningful

If you are really building something in this space, here's a reality check:

· Focus on building things only achievable with blockchain

· Design an economic model that doesn't require monthly rug pulls for user acquisition

· Create a user interface that doesn't make regular people want to smash their computers

· Build to the scale of actual use cases, not for the sake of a flashy pitch deck

Scalability Reality Check

Next time a project boasts about handling 500,000 TPS, ask them: "What are these transactions actually doing? Who is generating them? For what purpose?"

When they stutter about "future adoption" and "web3 social," you'll know the answer.

True innovation isn't theoretical performance in a vacuum; it's about building what people truly need and scaling appropriately to demand.

Everything else is just expensive performance art disguised as technology.

「Original Post Link」

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The core product "Space" is scheduled to launch in Q2 2026, driven by SocialFi

BeatSwap, a global Web3 Intellectual Property (IP) infrastructure project, is attempting to overcome the current fragmentation limitations of the Web3 ecosystem, building a full-stack system that covers the entire lifecycle of IP rights.

Currently, most Web3 projects are still in the stage of functional fragmentation, often focusing only on a single aspect, such as IP asset tokenization, transaction functionality, or a simple incentive model. This structural dispersion has become a key bottleneck hindering the industry's scale application.

BeatSwap's approach is more integrated, integrating multiple core modules into the same system, including:

· IP authentication and on-chain registration

· Authorization-based revenue sharing mechanism

· User-engagement-driven incentive system

· Transaction and liquidity infrastructure

Through the above integration, the platform builds an end-to-end closed-loop path, allowing IP rights to complete a full cycle of "creation, use, and monetization" within the same ecosystem.

Expanding from Web3 to a broader market: Restructuring the music industry's supply-demand structure

BeatSwap is not limited to existing crypto users but is attempting to take the global music industry as a starting point, actively creating new market demand. Its core strategies include:

Exploring and incubating music creators (Artist discovery)

Building a fan community

Igniting IP-centric content consumption demand

The current global music industry is valued at around $260 billion, with over 2 billion digital music users. This means that the potential market corresponding to the tokenization and financialization of IP far exceeds the traditional crypto user base.

In this context, BeatSwap positions itself at the intersection of "real-world content demand" and "on-chain infrastructure," attempting to bridge the structural gap between content production and financial flow.

"Space" to Launch in Q2 2026: Building the Core of SocialFi

BeatSwap's upcoming core product "Space" is scheduled to launch in the second quarter of 2026. This product is defined as the SocialFi layer in the ecosystem, aiming to directly connect creators with users and achieve deep integration with other platform modules.

Key designs include:

A fan-centric interactive mechanism

Exposure and distribution logic based on $BTX staking

User paths connected to DeFi and liquidity structures

Thus, a complete user behavior loop is formed within the platform: Discovery → Participation → Consumption → Rewards → Trading

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$BTX is designed to be a core utility asset within the ecosystem, rather than just a simple incentive token, with its value directly tied to platform activity and IP use cases.

Main features include:

· Yield distribution based on on-chain authorized actions

· Value reflection based on IP usage and user engagement dynamics

· Support for staking and DeFi participation mechanisms

· Value growth driven by ecosystem expansion

With the increased frequency of IP use, the utility and value support of $BTX will enhance simultaneously, helping alleviate the "disconnect between value and utility" issue present in traditional Web3 token models to some extent.

Accelerating Global Exchange Layout: Enhancing Liquidity and Accessibility

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Binance Alpha

Gate

MEXC

OKX Boost

As the launch of "Space" approaches, BeatSwap is actively pursuing more exchange listings to further enhance liquidity and global accessibility, laying a foundation for future market expansion.

Beyond Web3: Aiming for a Larger-Scale Integration of Content and Finance Markets

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By integrating content creators, users, capital, and liquidity into a blockchain framework centered around IP rights, BeatSwap is striving to build a next-generation infrastructure focused on "IP tokenization."

Conclusion

BeatSwap integrates IP authentication, authorization distribution, incentive mechanism, transaction system, and market construction to establish a unified structure that bridges the full lifecycle path of IP rights.

With the launch of the Q2 2026 "Space," the project is expected to become a key infrastructure connecting content and finance in the IP-RWA (Real World Assets) track.

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