Definition ∞ Instant Transactions are financial transfers that complete almost immediately, with minimal or no delay between initiation and final confirmation. In cryptocurrency, this typically refers to transactions processed rapidly by the network, offering swift settlement compared to traditional banking systems. While often perceived as immediate, finality can vary based on network design.
Context ∞ The pursuit of instant transactions remains a primary objective for many blockchain projects aiming to enhance user experience and facilitate real-world adoption. Innovations in layer-2 solutions and specialized consensus mechanisms consistently seek to reduce transaction latency and improve throughput.
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