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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

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A form of digital currency that utilizes cryptographic protocols to record ownership and prevent counterfeiting
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