แƒ›แƒ—แƒแƒ•แƒแƒ แƒ˜
แƒšแƒ”แƒฅแƒกแƒ˜แƒ™แƒแƒœแƒ˜
Transactions Per Second (TPS)

Transactions Per Second (TPS)

Beginner

In the context of blockchains, transactions per second (TPS) refers to the number of transactions that a network is capable of processing each second.

The approximate average TPS of theย Bitcoin blockchain is about 5 โ€“ though this may vary at times.ย Ethereum, in contrast, can handle roughly double that amount.

The development of technologies that increase the transaction rate of blockchains has been an important area of research over the years. These decentralized networks pose completely new challenges in terms of their ability to scale for increased demand.

This challenge isnโ€™t purely about increasing TPS. Centralized databases are already capable of handling thousands of transactions each second. VISA, for example, handles around 1,500-2000 transactions each second. So why not just use these solutions? Well, the main problem is thatย Bitcoin,ย Ethereum, and other blockchains aim to compete with thatย whileย still maintaining a high degree of decentralization.

Decentralization comes at the cost of performance and security. So, these scalability solutions not only need to increase the performance of the network but, at the same time, also maintain all the other desirable properties of blockchain. Otherwise, blockchain isnโ€™t really anything more than an inefficient database.

Itโ€™s important to note that if a blockchain has high TPS, it isnโ€™t necessarily superior to other blockchains with lower TPS. Many blockchain projects boast about their high TPS numbers. However, itโ€™s almost certain that such performance was achieved by sacrificing other important aspects of the network. For example, at any given moment,ย Bitcoin has thousands of nodes distributed across the globe running the Bitcoin software. A blockchain with only 10-20 nodes could easily outperform Bitcoin, but it could hardly be called decentralized or even distributed.
If youโ€™d like to get a deeper dive into the topic, check outย Blockchain Scalability - Sidechains and Payment Channels.
แƒžแƒแƒกแƒขแƒ”แƒ‘แƒ˜แƒก แƒ’แƒแƒ–แƒ˜แƒแƒ แƒ”แƒ‘แƒ
แƒจแƒ”แƒกแƒแƒ‘แƒแƒ›แƒ˜แƒกแƒ˜ แƒขแƒ”แƒ แƒ›แƒ˜แƒœแƒ”แƒ‘แƒ˜
แƒ‘แƒšแƒแƒ™แƒฉแƒ”แƒ˜แƒœแƒ˜

แƒ“แƒ”แƒชแƒ”แƒœแƒขแƒ แƒแƒšแƒ˜แƒ–แƒ”แƒ‘แƒฃแƒšแƒ˜ แƒชแƒ˜แƒคแƒ แƒฃแƒšแƒ˜ แƒšแƒ”แƒฏแƒ”แƒ แƒ˜, แƒ แƒแƒ›แƒ”แƒšแƒจแƒ˜แƒช แƒฅแƒ แƒแƒœแƒแƒšแƒแƒ’แƒ˜แƒฃแƒ แƒ˜ แƒ—แƒแƒœแƒ›แƒ˜แƒ›แƒ“แƒ”แƒ•แƒ แƒแƒ‘แƒ˜แƒ—แƒแƒ แƒฉแƒแƒฌแƒ”แƒ แƒ˜แƒšแƒ˜ แƒ™แƒ แƒ˜แƒžแƒขแƒแƒ•แƒแƒšแƒฃแƒขแƒ˜แƒก แƒขแƒ แƒแƒœแƒ–แƒแƒฅแƒชแƒ˜แƒ”แƒ‘แƒ˜...

แƒ™แƒ แƒ˜แƒžแƒขแƒแƒ•แƒแƒšแƒฃแƒขแƒ

แƒ™แƒ แƒ˜แƒžแƒขแƒแƒ’แƒ แƒแƒคแƒ˜แƒ˜แƒก แƒ›แƒ”แƒจแƒ•แƒ”แƒแƒ‘แƒ˜แƒ— แƒ“แƒแƒชแƒฃแƒšแƒ˜ แƒชแƒ˜แƒคแƒ แƒฃแƒšแƒ˜ แƒ•แƒแƒšแƒฃแƒขแƒ, แƒ แƒแƒ›แƒ”แƒšแƒ˜แƒช แƒ’แƒแƒ›แƒแƒ˜แƒงแƒ”แƒœแƒ”แƒ‘แƒ แƒ แƒแƒ’แƒแƒ แƒช แƒ’แƒแƒชแƒ•แƒšแƒ˜แƒก แƒกแƒแƒจแƒฃแƒแƒšแƒ”แƒ‘แƒ peer-to-peer (P...

Mainnet

แƒกแƒ แƒฃแƒšแƒแƒ“ แƒจแƒ”แƒ›แƒฃแƒจแƒแƒ•แƒ”แƒ‘แƒฃแƒšแƒ˜ แƒ“แƒ แƒ˜แƒœแƒขแƒ”แƒ’แƒ แƒ˜แƒ แƒ”แƒ‘แƒฃแƒšแƒ˜ แƒ‘แƒšแƒแƒ™แƒฉแƒ”แƒ˜แƒœ-แƒžแƒ แƒแƒขแƒแƒ™แƒแƒšแƒ˜, แƒ แƒแƒ›แƒšแƒ˜แƒ—แƒแƒช แƒฎแƒ“แƒ”แƒ‘แƒ แƒขแƒ แƒแƒœแƒ–แƒแƒฅแƒชแƒ˜แƒ”แƒ‘แƒ˜แƒก แƒ’แƒแƒจแƒ•แƒ”แƒ‘แƒ, แƒ•แƒ”แƒ แƒ˜แƒคแƒ˜แƒ™แƒแƒชแƒ˜แƒ ...

แƒ“แƒแƒแƒ แƒ”แƒ’แƒ˜แƒกแƒขแƒ แƒ˜แƒ แƒ”แƒ— แƒแƒœแƒ’แƒแƒ แƒ˜แƒจแƒ˜
แƒ—แƒฅแƒ•แƒ”แƒœแƒ˜ แƒชแƒแƒ“แƒœแƒ˜แƒก แƒžแƒ แƒแƒฅแƒขแƒ˜แƒ™แƒแƒจแƒ˜ แƒ’แƒแƒ›แƒแƒกแƒแƒงแƒ”แƒœแƒ”แƒ‘แƒšแƒแƒ“ แƒ’แƒแƒฎแƒกแƒ”แƒœแƒ˜แƒ— Binance-แƒ˜แƒก แƒแƒœแƒ’แƒแƒ แƒ˜แƒจแƒ˜ แƒ“แƒฆแƒ”แƒกแƒ•แƒ”.