Definition ∞ A next generation blockchain refers to advanced blockchain platforms engineered to overcome the limitations of earlier versions, particularly concerning scalability, interoperability, and energy consumption. These systems frequently introduce novel consensus mechanisms or architectural improvements to enhance performance. They represent the ongoing evolution of distributed ledger technology.
Context ∞ Intense competition exists among various next generation blockchain projects to provide superior infrastructure for decentralized applications and digital assets. This competition drives continuous innovation in areas such as transaction speed, security, and developer tools. The success of these platforms will determine the future landscape of the decentralized web and its capabilities.