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Eth0 News
@eth0
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.
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tuglik
@tuglik
Rly?
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