Yes, you are right, look at the following: “We are continually working to improve EOS.IO features and performance and are excited to release this testnet for feedback and collaboration with the developer community.” said Daniel Larimer, CTO of block.one. “Even on the single-threaded testnet, EOS.IO is now capable of over a thousand of transactions per second (TPS), making it one of the fastest smart contract environments available.”.
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