Efficient Consensus

Definition ∞ Efficient consensus refers to a blockchain’s ability to reach agreement on the state of its ledger quickly and with minimal computational resources. This is a critical characteristic for scalable and practical decentralized networks. Achieving efficient consensus allows for high transaction throughput and reduced operational costs.
Context ∞ Discussions about efficient consensus are prominent in crypto news, particularly concerning the ongoing evolution of blockchain protocols and their scaling solutions. Projects frequently highlight their novel consensus mechanisms designed to improve speed and energy consumption. The pursuit of more efficient consensus algorithms is a central theme in the development of next-generation digital asset infrastructure.