Birdwatch Note Rating
2024-05-19 02:03:34 UTC - HELPFUL
Rated by Participant: 6F020C29F9A1C35E51D5B0D7E2E2C1E037F11B21079648BE499410BA8C2C785F
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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