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Network Latency

Definition

Network latency is the time delay experienced in data transfer across a communication network. In the context of blockchain technology, it refers to the time it takes for a transaction or block to propagate from one node to others in the network. High network latency can negatively impact the performance of decentralized applications, slow down transaction confirmation times, and potentially create opportunities for exploits like front-running. Minimizing latency is crucial for ensuring a responsive and efficient blockchain ecosystem.