Birdwatch Archive

Birdwatch Note Rating

2024-05-18 14:59:21 UTC - HELPFUL

Rated by Participant: A133D3E049F08442A68B653CBAD45EE3AF881C55571E8272905E3A69499A7778
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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