Birdwatch Note Rating
2024-05-18 22:20:13 UTC - HELPFUL
Rated by Participant: EFD751B85F43C02E7BA95607ED1B68858A060BC1F7590BF72FD021E6BA2E3D27
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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