Thanks to Ciamac Moallemi, Barnabé Monnot, and Aditya Asgaonkar for discussions that led to this idea. When trying to evaluate the performance of a network or platform one of the simplest metrics that come to mind is throughput. For Ethereum this would be the amount of transactions processed. However, this is a raw metric that does not take into account the value of processed transactions. This post describes a method to estimate/approximate two more refined metrics of network performance: the ...