LATENCY of CRYPTOCURRENCIES
LATENCY:
It is defined as the total time it takes for a transaction to propagate, be validated, and become irreversible on the network.
LATENCY is broken down into:
1-. Propagation between nodes.
2-. Confirmation on the chain (number of blocks).
3-. Finalization (irreversibility).
Key factors affecting LATENCY include:
1-. Network congestion.
2-. Transaction size.
3-. Blockchain performance (TPS and time between blocks).
4-. Network fees.
5-. The quality of node connectivity.#CryptoRally #ETHBreaksATH #