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.
…The post Can Ethereum Transactions Get Faster? Vitalik Buterin Thinks So appeared first on Coin Edition.
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.
…The post Can Ethereum Transactions Get Faster? Vitalik Buterin Thinks So appeared first on Coin Edition.