In this dashboard, we will look at the Speed of Flow Blockchain and compare it with two other EVM chains Ethereum and Polygon in our case, in terms of Transactions per minute.

    First we will look at Flow Blockchain, aggregating data from the new flow.core.fact_transactions table, aggregating the number of Successful and Failed transactions.

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    The FLOW chain has received around 300 to 500 transactions every minute on average over the past month. Until May 21st, only a fraction of these transactions suffered failures. However, from May 23rd, we can see a higher average and median failure rate within the minute. While the average transaction rate during this time is higher, which means, there were certain minutes of time period, when there were a higher volume of transaction inflow, yet the median volume remains constant, suggesting this spike in transaction wasn't throughout the day.

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    Checking the max transaction registered per minute, we can see that there were indeed minutes of higher transaction volume. However it still isn't comparable to May 16, where the network did handle 300 transactions

    Now let us look at how the successful transaction rate compares with other chains.

    We will compare the Flow blockchain data with Polygon and Ethereum. For polygon data, we use polygon.transactions, for ethereum, we use ethereum_core.fact_transactions.

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    We can see that transaction inflow into FLOW is the lowest amongst all. This is probably due to lack of activity on the FLOW network itself, rather than it being slower than Ethereum

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