A deal with Flow Speed in 2022:

• How has Flow increased its speed in Transactions Per Minute (TPM) since Jan 1, 2022?
• Identify the monthly average for transactions per minute, and how that's improved or worsened since the beginning of 2022.
• What events have raised or decreased the blockchain's performance over that period?
• Are there bursts of transaction volume or interest on the chain?
• Compare Flow's speed to other reputable blockchains.

What types of events have raised or decreased the blockchain's performance over that time period?

As you can see, we have had a Moving Average spike for TPM since ==May 2022==. It shows Flow received significant public attention.

At a glance, Flow blockchain had a stable Average Hourly Count of Transactions (~30k Transactions per Hour) in 2022.

Minimum and Maximum hourly values fluctuated and were not stable.

TokensDeposited And TokensWithdrawn are two events that have raised the blockchain’s performance over ==May-November 2022==.

Are there bursts of transaction volume or interest on the chain?

Compare Flow's speed to other reputable blockchains.

1. Flow is improving its capabilities to process transactions since ==May 2022==.
2. It seems Solana is the winner of the TPM competition.
3. All of the blockchains, excluding ethereum, have lots of fluctuations in the TPM parameter.
4. Ethereum is the winner in reliability and stability.

TPS and TPM

In the context of blockchains, transactions per second (TPS) refers to the number of transactions that a network is capable of processing each second.

The approximate average TPS of the Bitcoin blockchain is about 5 – though this may vary at times. Ethereum, in contrast, can handle roughly double that amount.

The development of technologies that increase the transaction rate of blockchains has been an important area of research over the years. These decentralized networks pose completely new challenges in terms of their ability to scale for increased demand.

This challenge isn’t purely about increasing TPS. Centralized databases are already capable of handling thousands of transactions each second. VISA, for example, handles around 1,500-2000 transactions each second. So why not just use these solutions? Well, the main problem is that Bitcoin, Ethereum, and other blockchains aim to compete with that while still maintaining a high degree of decentralization.

Similarly, TPM (Transactions Per Minute) refers to the number of transactions that a network is capable of processing each minute.

What is Flow?

Flow is a fast, decentralized, and developer-friendly blockchain, designed as the foundation for a new generation of games, apps, and the digital assets that power them. Flow is the only layer-one blockchain originally created by a team that has consistently delivered great consumer blockchain experiences: CryptoKitties, Dapper Wallet, and NBA Top Shot.

In this dashboard, we are answering some questions about the Flow blockchain speed using metrics including TPM, TPD, and etc.