Transaction throughput

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In the blockchain space, transaction throughput is the rate at which valid transactions are committed by a blockchain network in a defined time period. The throughput of a given blockchain is often expressed by the number of transactions per second (tps).

Due to blockchain scalability problem it's impossible to increase the transaction throughput of single-chain blockchain networks similar to Bitcoin without compromising on key blockchain properties such as security and decentralisation.

Factors that affect transaction throughput

Consensus mechanism

Block size and rate

Complexity of transactions

Packet congestions in the network

Throughput estimates for some blockchain networks

Jax.Network

Bitcoin

Bitcoin Cash

Ethereum 1.0

See also