High Speed Blockchain

Definition ∞ A high speed blockchain is a distributed ledger network specifically engineered to process a large volume of transactions within a short timeframe. These networks prioritize rapid transaction finality and high throughput to support widespread commercial and consumer applications. They often employ advanced consensus mechanisms or sharding solutions.
Context ∞ High speed blockchains are essential for the mainstream adoption of decentralized applications and digital payments, addressing limitations of earlier blockchain generations. The current situation involves ongoing research and development to balance speed with security and decentralization, often leading to varied architectural choices. Watching these advancements helps understand the potential for blockchain technology to scale globally.