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Update Efficiency

Definition

Update efficiency describes how quickly and with what resources a system can process changes to its data or state. In blockchain technology, this refers to the ability of a network to incorporate new transactions or state transitions into its ledger with minimal computational cost and latency. High update efficiency is critical for scalability, allowing a system to handle a large volume of operations without becoming congested or slow. It is a key performance metric for decentralized applications and protocols. Optimizing this aspect is a constant engineering goal.