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Consensus Algorithm Optimization

Definition

Consensus algorithm optimization refers to efforts aimed at improving the performance and efficiency of the methods by which decentralized networks agree on the state of their ledger. These improvements typically target increased transaction throughput, reduced latency, lower energy consumption, or enhanced security. Such work is crucial for scaling blockchain technology to meet the demands of broader adoption. The objective is to refine the protocol’s operation without compromising decentralization or censorship resistance.