Birdwatch Note Rating
2024-05-20 12:31:59 UTC - HELPFUL
Rated by Participant: 1B4428D1311A7D69D0DE9D0AE2B075224526A6C31E569F20763FD6EA6DE2E1D8
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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