def waitOnUpdate(self, timeout: float = 0) -> bool:
        """
        Wait on any new update to arrive from the network.

        Args:
            timeout: Maximum time in seconds to wait.
                If 0 then no timeout is used.

        .. note::
            A loop with ``waitOnUpdate`` should not be used to harvest
            tick data from tickers, since some ticks can go missing.
            This happens when multiple updates occur almost simultaneously;
            The ticks from the first update are then cleared.
            Use events instead to prevent this.
        """
        if timeout:
            with suppress(asyncio.TimeoutError):
                util.run(asyncio.wait_for(self.updateEvent, timeout))
        else:
            util.run(self.updateEvent)
        return True