Resolution Protocol refers to a mechanism used to resolve conflicts or disputes in transactions. In blockchain environments, these conflicts may arise from issues like double spending, transaction failures, or disagreements about contract fulfillment.The protocol typically involves predefined rules and procedures to ensure that transactions are carried out correctly and that discrepancies are settled fairly. This can include methods like arbitration, multi-signature wallets, or consensus algorithms, which help parties reach an agreement.By establishing clear guidelines for dispute resolution, the protocol enhances trust among users and maintains the integrity of the system. It reduces the need for third-party intervention, making the process faster and more efficient. As a result, Resolution Protocol plays a crucial role in maintaining the smooth operation of decentralized systems, ensuring that all participants can engage confidently without fear of unfair practices or unresolved issues.
Avalanche Treasury Co. to Go Public in $675M Deal With Mountain Lake Acquisition
Avalanche Treasury Co. (AVAT), a digital asset treasury company aligned with the Avalanche Foundation, said Wednesday it has agreed to