Definition ∞ Near optimal theoretical latency refers to a system’s ability to achieve transaction processing speeds that closely approach the absolute fastest possible limits given current technological constraints. In blockchain networks, this signifies a highly efficient design that minimizes delays between transaction submission and final confirmation. It indicates superior performance in terms of speed and responsiveness.
Context ∞ Discussions in crypto news often highlight networks striving for near optimal theoretical latency as a competitive advantage, particularly for applications requiring rapid finality such as high-frequency trading or real-time payments. Achieving such low latency is a critical goal for blockchain scalability and user experience. Ongoing research and development focus on protocol enhancements to approach these theoretical limits.