coingecko (thumbnail mini)
Continue in app
Track prices in real-time
coingecko (thumbnail mini)
Continue in app
Track prices in real-time

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.

Share this with a friend!

Related Terms

Fiat-Pegged Cryptocurrency
Cryptocurrencies are pegged to an underlying asset.
cc0 NFT
A cc0 NFT is a piece of digital content where the IP rights have been relinquished.
Flappening
Flappening is a term used to describe Litecoin growing bigger and becoming more valuable than Bitcoin Cash (BCH). It is spawned from the term Flippening (used when another crypto overtakes Bitcoin).
Peer to Peer
A communication protocol that does not require a central hub
Hungry for more knowledge?
Back to Glossary or Subscribe to our newsletter.