Practical Latency refers to the actual time delay experienced in a real-world system between initiating an action and observing its completion. In blockchain networks, this measures the time it takes for a transaction to be confirmed and irreversibly added to the ledger. It accounts for network propagation delays, block production times, and consensus finality. Lower practical latency is crucial for applications requiring rapid transaction processing.
Context
The pursuit of reduced Practical Latency is a primary driver for many scalability solutions in blockchain technology, such as Layer 2 networks and alternative consensus mechanisms. News often discusses how different protocols are working to improve transaction finality and user experience. The ongoing advancements aim to make decentralized applications more competitive with traditional financial systems, particularly for high-frequency operations.
Introducing the first tractable model for selfish mining on a DAG, this protocol raises the security threshold, enabling robust, practical high-MEV consensus.
We use cookies to personalize content and marketing, and to analyze our traffic. This helps us maintain the quality of our free resources. manage your preferences below.
Detailed Cookie Preferences
This helps support our free resources through personalized marketing efforts and promotions.
Analytics cookies help us understand how visitors interact with our website, improving user experience and website performance.
Personalization cookies enable us to customize the content and features of our site based on your interactions, offering a more tailored experience.
