Transaction Layer Synchronization Protocol refers to mechanisms that ensure consistent and accurate processing of transactions within a blockchain network. This is critical for maintaining the integrity of the ledger as it prevents double-spending, where a single coin could be spent more than once.The protocol works by coordinating the sequence and confirmation of transactions among nodes in the network. Each transaction is verified and agreed upon by multiple nodes before being added to a block. This consensus helps to uphold the trustworthiness of the network.Different blockchains may employ various synchronization strategies, such as proof of work or proof of stake, to achieve consensus. These methods influence the speed and efficiency of transaction processing, as well as the overall scalability of the network.In summary, Transaction Layer Synchronization Protocol ensures that all participants in a blockchain network have a unified and accurate view of the transaction history, which is essential for the stability and security of the system.
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