Raiku Introduces Ahead-of-Time Block Auctions to Tackle Blockchain Congestion

The platform aims to improve transaction inclusion and network efficiency through early block auction mechanisms.

Summary

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Terms & Concepts
  • Block Auction: A process where future blockchain block space is sold in advance, allowing prioritized transaction inclusion and potentially reducing congestion.
  • Transaction Inclusion: The act of ensuring a submitted transaction is confirmed in a block within the blockchain network.