Parallel consensus describes a method within blockchain networks where multiple consensus processes run concurrently to validate different sets of transactions or segments of the chain. This approach aims to enhance overall network throughput and efficiency by processing information simultaneously rather than sequentially. It represents a departure from traditional linear block processing.
Context
Protocols employing parallel consensus mechanisms seek to overcome the scalability constraints inherent in many earlier blockchain designs. By allowing for simultaneous transaction confirmation, these systems can significantly increase the volume of operations a network can handle. News often highlights such innovations as crucial steps toward achieving enterprise-grade blockchain performance.
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