How Keeta processes 11M financial transactions per second with Spanner
10 days ago
- #scalability
- #fintech
- #blockchain
- Keeta Network is a layer-1 blockchain that unifies transactions across different blockchains and payment systems, reducing fees and enabling near-instant settlements.
- Keeta's architecture supports asset tokenization, digital identity, and compliance protocols like KYC and AML, making it ideal for stablecoins and real-world asset transfers.
- Keeta conducted a stress test on Google Cloud's Spanner, achieving over 11 million transactions per second (TPS), far exceeding traditional blockchain capabilities.
- Spanner's elastic scalability and availability allowed Keeta to dynamically adjust resources without downtime, optimizing costs and performance.
- Keeta's network uses a directed acyclic graph (DAG) structure for parallel transaction processing, reducing latency and bottlenecks.
- A two-step voting process ensures transaction correctness, leveraging Spanner's ACID transactions and external consistency.
- Keeta's stress test involved 30 million synthetic accounts generating 25 billion transactions across four regions, demonstrating massive scalability.
- Independent verification by Chainspect confirmed Keeta's peak performance of 11,122,116 TPS.
- Keeta aims to connect global finance, addressing cross-border payments, point-of-sale transactions, and asset transfers with blockchain technology.
- Spanner's global scale-out architecture ensures consistent performance and low latency, supporting Keeta's growth without infrastructure overhauls.