Definition ∞ 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.