Consensus Mechanisms and TPS: Understanding how networks achieve agreement (consensus) and measure transaction throughput (TPS, or Transactions Per Second).
Why it's confusing: Most people have no understanding of the low-level computer science or economics involved. The numbers related to TPS are often "bullshitable," as they are highly variable and depend on complex design trade-offs, making it hard to compare different systems fairly or understand their actual security.
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
Consensus Mechanisms and TPS: Understanding how networks achieve agreement (consensus) and measure transaction throughput (TPS, or Transactions Per Second).
Why it's confusing: Most people have no understanding of the low-level computer science or economics involved. The numbers related to TPS are often "bullshitable," as they are highly variable and depend on complex design trade-offs, making it hard to compare different systems fairly or understand their actual security.