Birdwatch Note Rating
2024-05-19 08:07:20 UTC - HELPFUL
Rated by Participant: 03FABEC7333029B245B8003BC3FBC4E19E39D9CBAF1A4E1C4C5EB2309FD41437
Participant Details
Original Note:
TPS can be misleading, including failed transactions which inflate figures. Solana, for example has over 70% failed transactions, distorting its TPS. Blockchains bundle multiple outputs per transaction, lowering the TPS. Often used for marketing, TPS is technically inaccurate. https://www.fxstreet.com/amp/cryptocurrencies/news/solana-failed-transactions-exceed-70-as-meme-coin-frenzy-attracts-bots-202403210927
All Note Details