Definition ∞ An optimal latency protocol is a set of rules and procedures designed to minimize the time delay between a transaction’s initiation and its confirmation or finalization on a network. This type of protocol prioritizes rapid data processing and communication efficiency. It is critical for applications requiring near-instantaneous responses, such as high-frequency trading or real-time payments.
Context ∞ The pursuit of optimal latency protocols is a significant area of development in blockchain technology, particularly for networks aiming to compete with traditional financial systems. News often features advancements in consensus mechanisms or layer-2 solutions that promise reduced transaction times. The balance between speed, security, and decentralization remains a key technical challenge.
Blockchain Knowledge
Cryptocurrency Foundation
Cryptospace Newsfeed
