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Fig. 1 | BMC Medical Informatics and Decision Making

Fig. 1

From: INNBC DApp, a decentralized application to permanently store biomedical data on a modern, proof-of-stake (POS), blockchain such as BNB Smart Chain

Fig. 1

Daily network activity of Ethereum blockchain vs. BNB Smart Chain blockchain recorded on May 5, 2023. Data were sourced from the respective chain explorers (https://etherscan.io/ and https://bscscan.com/). Average transaction fee is intended as a standard transaction for the transfer of the native chain currency (ETH/BNB), consuming 21,000 gas units. According to the chain explorer data, the highest number of daily transactions ever recorded for the Ethereum blockchain is 1,932,711 (recorded on December 9, 2022), while that of BNB Smart Chain blockchain is 16,262,505 (recorded on November 25, 2021). This means that the highest average transactions per second (TPS) output recorded for Ethereum is approximately 22TPS, while for BNB Smart Chain it is approximately 188TPS. Accordingly, BNB Smart Chain scored up to 8.5 times better performance than Ethereum in real-world network usage while featuring substantially lower transaction fees

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