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cryptagoras / bitcoin-asmap.md
Created January 31, 2021 22:55
Generating the asmap file for Bitcoin 0.20+ ASN-based bucketing of peers

Actual TPS of Bitcoin

Counting on-chain transactions alone to illustrate pretty much anything is wrong. One should take into account at least TX batching.

A possibly better way is to calculate based on new UTXOs created excluding the change outputs.

Doing rough calculations, we assume the worst case of every TX having a change output, so the results are the most pessimistic version and actual numbers are better.

Month TXs UTXOs created Net UTXOs [1] Naive TPS [2] Actual TPS [3]