The way I understand it yes. Latency will be dictated by going to the leader node and replication to enough followers. The CAP theorem dictates that if you want strong consistency the way they offer you have to talk to a quorum of nodes IIRC N/2 + 1. Paxos and Raft also work that way.

Apparently there is a game about it https://tigerbeetle.com/blog/2023-07-11-we-put-a-distributed...