How can I accurately determine the TPS of a digital currency?

3 answers

• Nov 27, 2021 · 3 years ago
  One reliable method to determine the TPS of a digital currency is by analyzing the blockchain data. You can extract the transaction data from the blockchain and calculate the number of transactions that occurred within a specific time frame. This will give you an estimate of the TPS for that particular cryptocurrency. However, keep in mind that the TPS can vary depending on network congestion and other factors. So, it's important to consider multiple data points and average them out for a more accurate measurement.
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• Nov 27, 2021 · 3 years ago
  Another approach to determine the TPS is by using specialized tools and software. There are various blockchain analytics platforms available that provide TPS measurement features. These tools can analyze the transaction data in real-time and give you an accurate TPS measurement for a specific digital currency. Some popular tools include CoinMetrics, Blockchain.com, and Etherscan. These tools often provide additional metrics and insights that can help you understand the performance of a digital currency's network.
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• Nov 27, 2021 · 3 years ago
  At BYDFi, we have developed our own TPS measurement tool called TPS Tracker. It allows users to track and analyze the TPS of different digital currencies in real-time. With TPS Tracker, you can monitor the TPS of various cryptocurrencies and compare their performance. It provides detailed charts and graphs to visualize the TPS data, making it easier to understand the transaction throughput of different digital currencies. TPS Tracker is a valuable tool for traders and investors who want to assess the scalability and efficiency of digital currencies.
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