Transactions Per Second (TPS)
By Cryptomcmillan1 | Updated on Aug 12, 2021
It is number of transactions done per second. For example, there are 10 transactions of Bitcoin done in 1-minute. The TPS would be 10 transactions/60 seconds = ~0.17 TPS.
Related Terms
Token Burn
An event in which tokens are verifiably removed permanently removed from circulation.
Gas Price
A term refers to the amount of price user is willing to pay for a transaction on Ethereum blockchain.
Directed Acyclic Graph (DAG)
Directed acyclic graphs refers to a data structure that is built in one single direction, yet branches out and never repeats.
Mining Rig
A dedicated hardware to mine
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