Birdwatch Note Rating
2024-05-19 00:13:55 UTC - HELPFUL
Rated by Participant: BF27670579DC8015A01E90636F1FA98EABE72918B12EEB89E4F1A7EBF30CE07E
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
All Note Details