Blockchain Systems and Communication Networks: From Concepts to Implementation by Mubashir Husain Rehmani
Author:Mubashir Husain Rehmani
Language: eng
Format: epub, pdf
ISBN: 9783030717889
Publisher: Springer International Publishing
4.7 Transaction (Tx) Throughput
The basic component of blockchain is Transaction (Tx). These transactions are assembled to form a block. Different blocks are linked together to form the blockchain. To maintain the integrity and verifiability of blockchain, cryptographic algorithms will be applied at different stages (more details are discussed in Chapter 3).
Transaction throughput is defined as the number of transactions per second a blockchain network can process. It is measured in Tx/s, where Tx is the number of transactions and âsâ means second. It can be calculated as
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