Truncated exponential backoff

Truncated exponential backoff is a standard error handling strategy for network applications in which a client periodically retries a failed request with increasing delays between requests. ``` min(((2^n)+random_number_milliseconds), maximum_backoff), ``` where - n incremented by 1 for each iteration (request) - random_number_milliseconds is a random number of milliseconds less than or equal to 1000. - maximum_backoff is typically 32 or 64 seconds.