What is Network Latency? Definition and Characteristics – Bittime

Network latency is the time it takes for a data packet to travel from one point to another. This concept can be expressed as both absolute time and time relative to when the request was sent. Included in the calculation is the physical distance traveled by the data and how long it takes to process.

How Network Latency Works?

Blockchain networks can record transactions used to create smart contracts. These smart contracts serve as the basis of DApps (Decentralized Applications) in various sectors, such as GameFi or DeFi. These smart contracts enable the execution of more complex systems and running decentralized applications. Blockchain networks are divided into two main types, namely public and private.

Characteristics of Blockchain Networks

Blockchain networks have several key features:

Speed: Confirmation time ranges from a few seconds to a few minutes.
Consistency: 24/7 online networking.
Fees: Operational with low transaction fees.
Security: Nodes in the network help protect against hacking.
Immutability: Maintaining manipulation-resistant payment records.

Blockchain Network Types

Public Blockchain Network: Uncensored and can be used by anyone. Some of them are Bitcoin and Ethereum.
Private Blockchain Network: Operated by a single entity or group of entities that provides access to a distributed ledger. Usually used by companies to record transactions or store internal data.

Relationship Between Network Latency and Throughput

Network latency is a measure of time, while throughput is the amount of work, measured in the number of transactions per second. The best optimization is done by reducing the number of HTTP requests or reducing the response time from the server, as well as combining database calls and caching data as efficiently as possible.

In the context of blockchain, the latency factor is very crucial because it affects transaction confirmation times. A good understanding of the relationship between network latency and throughput will help in improving overall network performance.

In conclusion, Network latency is an important factor in the world of blockchain and crypto because it directly affects transaction confirmation times. Meanwhile, understanding the balance between latency and throughput is vital in maintaining optimal network performance.

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DISCLAIMER: This article is informational in nature and is not an offer or solicitation to sell or buy any crypto assets. Trading crypto assets is a high-risk activity. Crypto asset prices are volatile, where prices can change significantly from time to time and Bittime is not responsible for changes in fluctuations in crypto asset exchange rates.

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