Network

Definition ∞ A network is a system of interconnected computers or devices capable of communication and resource sharing. In the context of digital assets, a blockchain network comprises a distributed ledger maintained by numerous nodes that collectively validate transactions and preserve system integrity. These networks are architected for resilience, transparency, and resistance to single points of failure, forming the operational foundation for cryptocurrencies and decentralized applications.
Context ∞ Discussions surrounding blockchain networks frequently address their scalability, security, and decentralization characteristics. Current developments are focused on augmenting network throughput via layer-2 solutions, optimizing consensus mechanisms for improved performance, and investigating novel network topologies to balance these critical attributes and facilitate broader adoption.