Birdwatch Note Rating
2024-05-18 22:02:09 UTC - HELPFUL
Rated by Participant: ABC191447ED7C1B3FA70E13573B587B17F5615DEB058A5C224531663E4F63123
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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