What are the factors that affect the tps per second of digital currencies?

1 answers

• MASTI EVERGREENAug 29, 2024 · a year ago
  When it comes to the factors that affect the tps per second of digital currencies, there are several key considerations. First and foremost, the scalability of the underlying blockchain technology is crucial. If the blockchain is not able to handle a large number of transactions efficiently, it can result in slower tps. Another factor is the consensus mechanism used by the digital currency. Different consensus mechanisms have different levels of efficiency and can impact the tps. Network congestion is also a significant factor. When the network is congested with a high volume of transactions, it can lead to slower tps. Additionally, the number of active nodes in the network can influence the tps. The more nodes participating in the network, the higher the potential tps. Overall, a combination of blockchain scalability, consensus mechanism, network congestion, and active nodes determines the tps per second of digital currencies.
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