The process of decreasing the time delay between the initiation of a transaction and its final confirmation on a blockchain network. This is a critical performance metric for usability and scalability, particularly for high-frequency trading and real-time payment systems.
Context
Transaction latency reduction is a primary focus for blockchain developers aiming to improve network throughput and user experience. Layer-2 solutions and protocol upgrades are continuously being implemented to address these scalability challenges and enable broader adoption.
Minimmit introduces dual quorum thresholds for view progression and transaction finality, fundamentally reducing Byzantine consensus latency by over 10%.
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