I'm trying to understand a term I came across in the crypto world. It's TPS, and I want to know what it stands for and its significance in the cryptocurrency context.
            
            
            
            
            
            
           
          
          
            5 answers
            
            
  
    
    Tommaso
    Mon Nov 11 2024
   
  
    BTCC, a prominent cryptocurrency exchange, offers a range of services including spot, futures, and wallet solutions. Their platform is designed to cater to the needs of a diverse range of users, ensuring seamless transactions.
  
  
 
            
            
  
    
    Valentina
    Mon Nov 11 2024
   
  
    Transactions per Second (TPS) serves as a fundamental benchmark for evaluating the performance of a blockchain network.
  
  
 
            
            
  
    
    CryptoWarrior
    Mon Nov 11 2024
   
  
    It indicates the capacity of the network to handle transactions efficiently.
  
  
 
            
            
  
    
    Andrea
    Mon Nov 11 2024
   
  
    The higher the TPS, the faster the network can process transactions.
  
  
 
            
            
  
    
    WhisperVoyager
    Mon Nov 11 2024
   
  
    TPS is crucial for determining the scalability of a blockchain.