Birdwatch Archive

Birdwatch Note Rating

2024-05-19 12:29:56 UTC - HELPFUL

Rated by Participant: 04C732849F1EC9230DBE2279A7247277CFCF6531D1CE029F46190B6A2975A6D2
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

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All Information

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