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Using a Transceiver Block with Cyclone® V. Which has better performance, the case where Refclk is input by using an external PLL to generate the desired frequency or the case where Refclk is input directly from the pins at the desired frequency?

Using a Transceiver Block with Cyclone® V. Which has better performance, the case where Refclk is input by using an external PLL to generate the desired frequency or the case where Refclk is input directly from the pins at the desired frequency?