Near real time describes a system’s ability to process and transmit data with only a minimal, imperceptible delay from the moment of input. In blockchain contexts, this refers to transactions being confirmed and propagated across the network almost immediately after submission. It signifies a high level of responsiveness and efficiency.
Context
News frequently highlights near real-time capabilities as a key performance metric for high-throughput blockchain networks and layer-2 solutions. Achieving this speed is critical for supporting mainstream applications like payments and decentralized exchanges. Developments focus on optimizing consensus mechanisms and network infrastructure to minimize latency.
The Kinexys rebrand and FX integration establish a 24/7, on-chain settlement rail, drastically reducing counterparty risk and enhancing global capital efficiency.
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