Can Ethereum Transactions Get Faster? Vitalik Buterin Thinks So
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- Ethereum founder Vitalik Buterin proposes Single-Slot Finality and Rollup Preconfirmations to speed up transactions.
- Ethereum’s current 5-20 second confirmation time is a significant improvement, but Buterin sees potential for further optimization.
- Ethereum explores various architectural designs to enhance scalability without compromising decentralization or security.
Ethereum co-founder Vitalik Buterin is pushing for faster transaction speeds on the blockchain, outlining several potential solutions to enhance the network’s scalability and user experience.
Despite recent improvements: notably, Ethereum’s current 5-20 second confirmation window, comparable to credit card transactions, Buterin believes Ethereum can achieve faster transaction confirmations through innovations like Single-Slot Finality and Rollup Preconfirmations.
This focus on speed comes as Ethereum faces increasing competition from rival blockchains and seeks to maintain its position as a leading platform for dApps.
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