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

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.
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WEEX P2P update: Country/region restrictions for ad posting
To improve ad security and matching accuracy, WEEX P2P now allows advertisers to restrict who can trade with their ads based on country or region. Advertisers can select preferred counterparty locations for a safer, smoother trading experience.
I. Overview
When publishing P2P ads, advertisers can now set the following:
Allow only counterparties from selected countries or regions to trade with your ads.
With this feature, you can:
Target specific user groups more precisely.Reduce cross-region trading risks.Improve order matching quality.
II. Applicable scenarios
The following are some common scenarios:
Restrict payment methods: Limit orders to users in your country using supported local banks or wallets.Risk control: Avoid trading with users from high-risk regions.Operational strategy: Tailor ads to specific markets.
III. How to get started
On the ad posting page, find "Trading requirements":
Select "Trade with users from selected countries or regions only".Then select the countries or regions to add to the allowlist.Use the search box to quickly find a country or region.Once your settings are complete, submit the ad to apply the restrictions.
When an advertiser enables the "Country/Region Restriction" feature, users who do not meet the criteria will be blocked when placing an order and will see the following prompt:
If you encounter this issue when placing an order as a regular user, try the following solutions.
Choose another ad: Select ads that do not restrict your country/region, or ads that allow users from your location.Show local ads only: Prioritize ads available in the same country as your identity verification.
IV. Benefits
Compared with ads without country/region restrictions, this feature provides the following improvements.
Aspect
Improvement
Trading security
Reduces abnormal orders and fraud risk
Conversion efficiency
Matches ads with more relevant users
Order completion rate
Reduces failures caused by incompatible payment methods
V. FAQ
Q1: Why are some users not able to place orders on my ad?
A1: Their country or region may not be included in your allowlist.
Q2: Can I select multiple countries or regions when setting the restriction?
A2: Yes, multiple selections are supported.
Q3: Can I edit my published ads?
A3: Yes. You can edit your ad in the "My Ads" list. Changes will take effect immediately after saving.