How does TPS limit affect the scalability of digital currencies?

In the context of digital currencies, how does the TPS (Transactions Per Second) limit impact the ability of these currencies to scale and handle a larger volume of transactions?

3 answers
- The TPS limit plays a crucial role in determining the scalability of digital currencies. When the TPS limit is low, it restricts the number of transactions that can be processed within a given time frame. This can lead to congestion and delays in transaction confirmations, making it difficult for the currency to handle a larger volume of transactions. As a result, scalability becomes a major challenge for digital currencies with low TPS limits.
Mar 19, 2022 · 3 years ago
- When the TPS limit is high, digital currencies can handle a larger number of transactions per second, which improves their scalability. With a higher TPS limit, the currency can process transactions more efficiently and quickly, allowing it to scale and accommodate a growing user base. Therefore, a higher TPS limit is generally seen as beneficial for the scalability of digital currencies.
Mar 19, 2022 · 3 years ago
- At BYDFi, we understand the importance of scalability in the digital currency space. That's why we have implemented a high TPS limit to ensure that our platform can handle a large volume of transactions without any performance issues. With our scalable infrastructure, users can enjoy fast and seamless transactions, making BYDFi a reliable choice for digital currency trading.
Mar 19, 2022 · 3 years ago
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