Definition ∞ Blockchain reliability signifies the consistent and dependable operation of a distributed ledger technology. It ensures that transactions are processed accurately, data remains immutable, and the network remains accessible and functional as designed. High reliability is critical for the integrity and trustworthiness of decentralized systems.
Context ∞ News regarding blockchain reliability often centers on network uptime, security vulnerabilities, and the robustness of consensus mechanisms. Reports might detail incidents of network congestion, forks, or successful defenses against attacks, all of which directly impact user confidence and adoption. Assessing a blockchain’s reliability is fundamental to evaluating its suitability for critical applications and financial transactions.
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