Cryptocurrency Q&A What is a best effort lock?

What is a best effort lock?

IncheonBeautyBloomingRadiance IncheonBeautyBloomingRadiance Wed Sep 04 2024 | 7 answers 1474
Could you please elaborate on the concept of a "best effort lock" in the context of cryptocurrency or finance? I'm curious to understand how it differs from traditional locking mechanisms and what specific scenarios it might be used in. How does it ensure security or efficiency, and what are some potential limitations or drawbacks that practitioners should be aware of? What is a best effort lock?

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