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What is Transaction Per Second (TPS)?

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Transaction Per Second (TPS) is a metric that measures the number of transactions a network can process in one second. In the context of cryptocurrency, Transaction Per Second refers to the ability of a blockchain network to handle transactions, including digital asset transfers, smart contracts, and other functions. The higher the Transaction Per Second, the faster the network can process transactions, which is key to ensuring a smooth user experience and coping with increasing transaction volumes.

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