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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.

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Related Terms

Zero Knowledge Proof
Cryptographic proof for 2 parties to verify a value without revealing what the value is.
Market Maker
Participant of the market who creates buy and orders
Rug Pull
Sudden removal of liquidity which typically leads to asset prices crashing from the lack of liquidity to absorb buy/sells.
Transaction Fee
A payment to the network for performing a transaction to be recorded on the blockchain.
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