BFT performance relates to the efficiency and speed of a blockchain network utilizing a Byzantine Fault Tolerance consensus mechanism. It quantifies how quickly transactions are processed and confirmed while maintaining network security against malicious actors. Key metrics include transaction throughput, latency, and the number of nodes required for fault tolerance. High BFT performance is crucial for scalable and responsive distributed ledgers.
Context
Optimizing BFT performance is a central challenge for many Layer-1 blockchain protocols aiming for mainstream adoption in high-volume applications. Debates often concern the trade-offs between decentralization, security, and transactional speed. Ongoing research and development focus on innovative BFT variants to overcome current scalability limitations and improve network responsiveness.
SpeedyFair decouples transaction ordering from consensus, using parallel processing to achieve a 1.5×-2.45× throughput increase over state-of-the-art fair ordering protocols.
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