Ethereum co-founder Vitalik Buterin has outlined a method for speeding up blockchain transactions using technologies that could potentially reduce L1 confirmation times from seconds to milliseconds.

In a new essay, he proposed moving from the current epoch and slot mechanism to a single-slot finality system (SSF), pointing out key issues with the current model.

According to Buterin, The Merge hard fork, which ensured Ethereum's transition from a PoW consensus mechanism to PoS, reduced transaction confirmation times on the mainnet to 5-20 seconds.

Stay ahead with eth0 news: your daily source for the latest in cryptocurrency trends, market updates, and blockchain technology insights.

Innovatsionniy podhod Vitalika Buterina k uluchsheniyu tekhnologii blokcheina Ethereum mozhet reshil problemu dlitel'nyh vremennih zaderjek v podtverzhdenii transaktsiy. Eto ochen' vazhno dlya razvitiya kriptovalyutnogo prostranstva.