How Does a Low TPS Rate Impact User Experience?
A low Transactions Per Second (TPS) rate negatively impacts user experience by causing network congestion and long wait times for transaction confirmation. During periods of high demand, a low TPS also leads to a significant increase in transaction fees, as users must bid higher to incentivize validators to include their transactions in the next block.
Glossar
User Experience
Interface ⎊ The user experience within cryptocurrency derivatives, options trading, and financial derivatives necessitates a meticulously designed interface, prioritizing clarity and efficiency for sophisticated users.
Low Transactions per Second
Metric ⎊ Low transactions per second (TPS) is a critical performance metric quantifying the limited throughput capacity of a base layer blockchain, representing the maximum rate at which transactions can be processed and finalized.
TPS
Throughput ⎊ Transactions Per Second, within cryptocurrency and derivatives, quantifies the rate at which a blockchain network processes transactions, directly impacting scalability and network congestion.