Birdwatch Note Rating
2024-05-20 14:12:37 UTC - HELPFUL
Rated by Participant: 64824064ECB31E11A12A0363054C3CA488EA865E75DE4C1A725544C5F22710A1
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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