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Real-Time Optimization

Definition

Real-time optimization involves continuously adjusting system parameters to achieve peak performance as conditions change. This process utilizes immediate data streams and computational algorithms to make rapid adjustments, ensuring a system operates at its most efficient state without delay. In blockchain environments, it can pertain to dynamic gas fee adjustments, network congestion management, or algorithmic trading strategies that react instantaneously to market shifts. The objective is to maintain optimal functionality and resource allocation in highly dynamic settings.