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Quantitative Finance · Glossary

What is Leader schedule?

Definition 21.5 Networks, Hardware and Trading Infrastructure · Chapter 21 — On-Chain Connectivity

A leader schedule is a chain’s published assignment of future block-production slots to validators, computed in advance for an epoch, which lets anyone know which validator will produce each coming block and, if its location is known, where to send transactions.

Simulation: the share of next leaders, placed in turn in each of the eight engine cities, reached in time from Tokyo, against the time left in the leader’s window. Sending to the engine nearest the leader shifts the curve left by 14 to 39\, m s. Data: fig_chain.py, nw_chain.timely_rates().
Figure 21.4. Simulation: the share of next leaders, placed in turn in each of the eight engine cities, reached in time from Tokyo, against the time left in the leader’s window. Sending to the engine nearest the leader shifts the curve left by 14 to 39 ms39\,\mathrm{m}\mathrm{s}. Data: fig_chain.py, nw_chain.timely_rates().
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