Universa makes a favorable difference if compared to Bitcoin and Ethereum, by allowing its users to make hundreds of
times more transactions per second, and at a very low price.
According to Ben - Sasson, the same «succinct non-interactive argument of knowledge» proofs could someday be used to compress computations, aka help the network
handle more transactions per second.
The key selling point of such an increase to the block size limit has always been the idea that an increase in the supply of block space will lead to lower transaction fees and the ability for the network to
process more transactions per second, but the current congestion seen on the Bitcoin network has actually had a positive impact in terms of the forced optimization of companies» interactions with the blockchain.
To meet the demand of these institutions, their technology also focuses on transaction throughput and already can handle about 200
times more transactions per second than Bitcoin can.
The Lightning Network is often viewed as the holy grail when it comes to scaling Bitcoin to
many more transactions per second, but questions remain as to how well the current version of this layer - two network can preserve or improve user privacy.
This provides much faster confirmations, along with the fact that, at scale, it can process four times
more transactions per second than Bitcoin.
This leads to the Bitcoin blockchain being able to process
more transactions per second that before.