What Is ‘Transaction Throughput’ and How Does It Relate to Mempool Clearing Rate?

Transaction Throughput is the measure of how many transactions a blockchain network can process and confirm per second (TPS). The Mempool clearing rate is the speed at which miners select and include transactions from the Mempool into new blocks.

High throughput allows for a faster clearing rate, meaning the Mempool backlog is processed quickly, which reduces congestion and lowers transaction fees. Low throughput leads to a slow clearing rate and Mempool buildup.