What is Transactions Per Hour (TPH)?

Transactions per hour (TPH) is a metric that refers to the number of data transactions that a computer network can process in an hour. TPH, along with transactions per minute (TPM) and transactions per second (TPS), is sometimes used to determine a blockchain network's overall network speed and scalability by measuring how quickly a specific platform can process data such as cryptocurrency transactions and smart contract execution. Highly scalable networks with high transaction speeds are pivotal to the widespread adoption of blockchain technology.