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by derangedHorse 1631 days ago
Increasing the hash power makes the blockchain more secure by raising the amount of work that has gone into it and making it harder to falsify. Also the “work” not being used to process transactions isn’t “why” the transaction rate is 7 tps, the tps is kept lower to keep blocksizes lower and allow more participation from the community since smaller blockchain are more accessible for download (for total verification)