Birdwatch Note Rating
2024-05-19 13:37:29 UTC - HELPFUL
Rated by Participant: D266091CD4087CBF7E4F5B050173A98142C98F29E4FE09D3B300291FAAA4BA4C
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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