Comparing Layer 1s by TPS Alone? Here's the Tradeoff That Number Hides

"This chain can process 65,000 transactions per second" — a claim like this is practically a standard feature of every new Layer 1 whitepaper. But ranking chains by their headline TPS numbers is one of the most common, and most misleading, comparisons in crypto. The problem isn't that these numbers are fabricated — it's that "TPS" means fundamentally different things depending on the...