Throughput

Definition ∞ Throughput quantifies the rate at which a blockchain network or transaction system can process transactions over a specific period, often measured in transactions per second (TPS). High throughput is essential for networks aiming for mass adoption, as it allows for rapid and cost-effective settlement of a large number of operations. It is a key metric for evaluating a network’s scalability and efficiency.
Context ∞ Discussions about throughput are central to evaluating the performance and potential of blockchain networks, with news often comparing the TPS capabilities of different layer-1 protocols and layer-2 scaling solutions. Efforts to increase throughput without sacrificing decentralization or security are continuous areas of research and development within the industry.