Transactional throughput (TPS) refers to the number of transactions that a system or network can process within a given time frame. It is a measure of the system's capacity and efficiency in handling transactions.
Transactional throughput is typically measured in transactions per second (TPS). Higher TPS values indicate that the system can process a larger volume of transactions in a shorter amount of time.
Transactional throughput is an important metric for evaluating the performance and scalability of a blockchain. It is particularly relevant in applications where high transaction volumes are essential, such as payment networks, financial systems, and enterprise applications
Achieving high TPS is often a challenge for blockchain networks due to the limitations of their consensus mechanisms and network infrastructure.
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