Near Real Time

Definition ∞ 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.