Network Model

Definition ∞ A network model is the architectural framework that defines how nodes communicate, store data, and reach consensus within a distributed ledger or blockchain system. This model specifies the rules for information flow, data propagation, and participant interactions. It dictates the fundamental operational characteristics of the network.
Context ∞ The choice of a network model significantly impacts a blockchain’s performance, security, and decentralization properties. Discussions around various models, such as sharded networks or layer-2 solutions, are central to addressing scalability challenges. These efforts aim to improve the efficiency of digital asset transactions and decentralized applications.