The sequence of operations and network interactions that must be completed reliably and efficiently for a distributed ledger to reach agreement on the validity and order of transactions. This path represents the core process by which a blockchain maintains its integrity and progresses its state. Disruptions or inefficiencies within this sequence directly impact the network’s finality and operational speed. It is fundamental to blockchain stability.
Context
The state of consensus critical paths is frequently discussed in relation to blockchain scalability challenges and latency issues. A key debate concerns optimizing these paths through innovative consensus algorithms or hardware accelerations to increase transaction throughput. Future developments will focus on reducing the computational overhead and communication delays inherent in achieving distributed agreement.
The new SpeedyFair protocol totally decouples transaction ordering from BFT consensus, achieving higher performance and eliminating MEV-driven front-running.
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