Category Labs, formerly Monad Labs, announced the launch of a new consensus protocol called Cadence that uses a multi-concurrent proposers (MCP) mechanism. According to Foresight News, the MCP design allows multiple block proposers to participate in consensus concurrently, aiming to achieve very short block intervals without sacrificing latency.
The company cited test results from a simulated network of 200 global nodes, reporting an average finality time of 219 milliseconds and an average speculative confirmation time of 167 milliseconds.
The team said that, combined with a cryptographic mempool design called BTX, Cadence represents a step toward addressing maximal extractable value (MEV) at the protocol layer.