Gnosis Chain Demonstrates Impressive Scalability Potential
Gnosis Chain Demonstrates Impressive Scalability Potential
馃殌 Mind-Blowing Scalability Breakthrough
Gnosis Chain, an Ethereum-compatible network focused on credible neutrality and resiliency, has showcased its scalability capabilities. According to a retweet from the official Gnosis Chain account, the Gnosis decentralized autonomous organization (DAO) can handle up to 1000 transactions per second. This throughput is remarkably high, even surpassing the global transaction volume of Visa, which processes around 7000 transactions per second for the entire world.
> "1000 tp/s can still be handled by the Gnosis DA" True scalability within the Ethereum family may be doing a rollup on @GnosisDAO 1000 TPS is a lot. For reference, Visa does 7000 TPS for the entire world (that's nearly a billion transactions per day)
it very much depends on the compression factor of the rollup (how much data a state update consumes). My assumption is that the 1000 tp/s can stille be handled by the Gnosis DA. Maybe @mandrigin can confirm or deny.
Gnosis Chain Partners with Tenderly for Cost-Effective Infrastructure
Gnosis Chain has announced a partnership with Tenderly for infrastructure services, bringing significant cost savings to the network. **Key Details:** - The partnership is covered under the existing GIP-128 budget through Gnosis Ltd, eliminating the need for a new governance proposal - Users currently on Gateway are advised to migrate their endpoints to Tenderly - The collaboration aims to support the long-term sustainability of Gnosis Chain This move represents a strategic shift in infrastructure providers while maintaining fiscal responsibility through existing budget allocations.
Tenderly Navigates Gnosis Chain Hard Fork Despite Minor Outages
Tenderly successfully onboarded to Gnosis Chain during a challenging period marked by a recent hard fork. The integration experienced minor outages during this critical transition phase. **Key Points:** - Onboarding occurred during hard fork implementation - Minor service disruptions reported - Team demonstrated rapid response times to resolve issues The Tenderly team has been praised for their responsiveness throughout the integration process, quickly addressing technical challenges as they arose. The timing of the onboarding added complexity to what would typically be a more straightforward process. This integration strengthens Gnosis Chain's developer tooling ecosystem, providing teams with enhanced debugging and monitoring capabilities for their applications.
Tenderly Becomes Official RPC Provider for Gnosis Chain Ecosystem
Tenderly has joined the Gnosis Chain ecosystem as its official RPC provider, expanding beyond their existing simulation services. **Key Integration Features:** - High-performance node infrastructure - Virtual TestNets with zero-setup environments - Advanced debugging and monitoring tools - Transaction simulation capabilities - Multiregional routing for improved reliability This partnership mirrors Tenderly's recent integration with Scroll, where they deployed their full-stack infrastructure including customizable test environments, unlimited faucets, and real-time debugging tools. Developers building on Gnosis can now access Tenderly's complete toolkit through their [dashboard](https://dashboard.tenderly.co/register), enabling faster development cycles and more reliable dapp deployment.
馃敡 Gnosis Chain Hard Fork Deadline Approaches for Balancer Exploit Recovery
**Gnosis Chain node operators have until December 22, 16:00 CET** to implement a hard fork that could restore funds to victims of the Balancer exploit. The update releases are now available for download and execution. This hard fork represents a potential solution for recovering assets lost in the recent Balancer security incident. **Key details:** - Deadline: December 22, 16:00 CET - Purpose: Enable fund recovery for exploit victims - Action required: Node operators must update their systems The Balancer team previously attempted to contact the exploiter through on-chain messages, offering a path for voluntary fund return. This hard fork approach suggests the community is moving forward with a technical solution. Node operators can find additional information and participate in discussions through the official forum.
Gnosis Chain Expands Stablecoin Ecosystem with Multi-Platform Integration
Gnosis Chain is positioning itself as a comprehensive stablecoin infrastructure, offering **instant utility** across multiple platforms. **Key integrations include:** - Treasury management through Safe - Trading via CowSwap exchanges - Wallet functionality with GnosisPay - Upcoming banking services through Gnosis app The network has maintained **zero downtime** for 7 years and currently serves users in over 30 countries. This multi-platform approach aims to provide real-world utility for digital assets. Gnosis Chain's "Fork Banks. Bank On Gnosis" campaign emphasizes their focus on creating practical financial infrastructure rather than speculative trading platforms.