The formula to calculate the Transactions Per Second (TPS) is:
\[ TPS = \frac{Total \ Transactions}{Time \ Frame} \]
Where:
Transactions per second (TPS) is a measure of the throughput of a system, representing how many transactions are processed in one second. It is a common metric used to assess the performance of transactional systems such as databases, network servers, and payment processing systems. A higher TPS indicates a system’s ability to handle a larger volume of transactions efficiently.
Consider an example where:
Using the formula to calculate the Transactions Per Second:
\[ TPS = \frac{10,000}{100} = 100 \]
This means that the transactions per second for this example is 100 TPS.