I'm trying to understand a term I came across in the crypto world. It's TPS, and I want to know what it stands for and its significance in the cryptocurrency context.
5 answers
Tommaso
Mon Nov 11 2024
BTCC, a prominent cryptocurrency exchange, offers a range of services including spot, futures, and wallet solutions. Their platform is designed to cater to the needs of a diverse range of users, ensuring seamless transactions.
Valentina
Mon Nov 11 2024
Transactions per Second (TPS) serves as a fundamental benchmark for evaluating the performance of a blockchain network.
CryptoWarrior
Mon Nov 11 2024
It indicates the capacity of the network to handle transactions efficiently.
Andrea
Mon Nov 11 2024
The higher the TPS, the faster the network can process transactions.
WhisperVoyager
Mon Nov 11 2024
TPS is crucial for determining the scalability of a blockchain.