Is there a limit to how many transactions can be processed on the network?
Yes, there is a limit to how many transactions can be processed on the Hedera network.
The maximum number of transactions that can be processed per second is 10,000. This limit is in place to ensure that the network remains secure and reliable. Additionally, the Hedera network also has a throughput limit of 100,000 transactions per second.
This limit is in place to ensure that the network remains responsive and efficient. The Hedera network also has a transaction fee structure in place which helps to ensure that the network remains secure and reliable. The fees are based on the size of the transaction and are designed to incentivize users to use smaller transactions which helps keep the network running smoothly.
Overall, these limits help ensure that the Hedera network remains secure and reliable while also allowing for scalability as more users join the platform.