What is TPS? TPS (TPS) stands for Transaction per Second, and refers to the number of transactions that can be processed per second. 1 million TPS refers to the speed at which 1 million transactions can be processed per second. TPS can be increased through centralization, but in that case, the purpose of decentralization, the original purpose of the blockchain, is undermined. Joseph Lubin, founder of Consensys, created the concept of DTPS by multiplying TPS by the Decentralization Quotient (DQ). DTPS is a decentralized TPS index. Like I said, TPS is an indicator of how many transactions a blockchain network can handle per second. Remittances of some coins are not processed immediately and take several minutes, which is all caused by a lack of TPS compared to the number of transactions. Therefore, coins that require fast transaction processing, such as payment services, continue to strive to increase TPS. TPS may vary depending on not only the design of blockchain software, ...