Proof of Latency is a consensus mechanism designed to enhance security and efficiency by incorporating the time it takes for a participant to prove they are active and responsive. It incentivizes nodes to demonstrate their availability and maintain network participation over a specified period.In a network using Proof of Latency, nodes must submit evidence of their activity, such as responding to challenges or performing certain tasks. This can help deter malicious actors who might try to take advantage of the system, as they would need to continuously prove their engagement.By focusing on the latency experienced by nodes, this method builds a more resilient and inclusive network. It encourages consistent interactions, reducing the likelihood of downtime or malicious disruptions. Overall, Proof of Latency combines time-based proof with network participation to create a more robust framework for validating transactions and maintaining security.
Bank of Japan Weighs Additional Rate Hikes as Inflation Persists
The Bank of Japan will continue to raise interest rates if economic and price trends progress as expected, Deputy Governor