Ultron Foundation | Ultron’s Consensus Algorithm bizmakersamerica.org

Ultron employs a asynchronous Byzantine Fault Tolerant (aBFT) Proof-of-Stake consensus mechanism. There are many technical details involved in aBFT consensus mechanisms (which you can read about on Ultron’s website), but the TL;DR is that less data is passed between nodes and they reach a consensus faster, while maintaining network security and decentralization.

In addition, Ultron boasts the quickest time-to-finality (TTF) at approximately one second. Time-to-finality is the duration between the transmission of a transaction and its “completion” (meaning uit is impossible to be reverted). This is effectively a measurement of a blockchain’s latency, and in some circumstances, it is the determining factor for the sustainability of a project on a blockchain. Bitcoin’s TTF, for reference, is sixty minutes. Imagine waiting an hour for Starbucks to approve your credit card.