Yes, millions of TPS is achieved through parallelism and horizontal scalability. If we assume 50K TPS per-thread, then a 128 core single machine may be able to achieve 6M. Of course, there are some sequential steps and other factors that will limit this, but I believe that a 128 core machine will be able to achieve millions of TPS with properly parallelized applications.
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Thanks, Dan.
@dantheman, do not forget to check out the Blockchain system by University of Sydney which is capable of over 440,000 transactions per second while supporting both public and private networks > https://steemit.com/steemit/@blockrush/440-000-transactions-sec-blockchain-by-university-of-sydney-blockrush
Millions of TPS from just single machine? That would be a game changer. EOS is starting to sound better and better.
And at record low prices