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Epochs and slots all the way down: ways to give Ethereum users faster transaction confirmation times

vitalik.eth.limo · 1,732 words · saved by 1 readers

One of the important properties of a good blockchain user experience is fast transaction confirmation times. Today, Ethereum has already improved a lot compared to five years ago. Thanks to the combination of EIP-1559 and steady block times after the Merge, transactions sent by users on L1 reliably confirm within 5-20 seconds. This is roughly competitive with the experience of paying with a credit card. However, there is value in improving user experience further, and there are some applications that outright require latencies on the order of hundreds of milliseconds or even less. This post will go over some of the practical options that Ethereum has. Today, Ethereum's Gasper consensus uses a slot and epoch architecture. Every 12-second slot, a subset of validators publish a vote on the head of the chain, and over the course of 32 slots (6.4 min), all validators get a chance to vote once. These votes are then re-interpreted as being messages in a vaguely PBFT-like consensus algorithm,

Dark Mode Toggle Epochs and slots all the way down: ways to give Ethereum users faster transaction confirmation times 2024 Jun 30 See all posts Epochs and slots all the way down: ways to give Ethereum users faster transaction confirmation times One of the important properties of a good blockchain user experience is fast transaction confirmation times. Today, Ethereum has already improved a lot compared to five years ago. Thanks to the combination of EIP-1559 and steady block times after the Merge , transactions sent by users on L1 reliably confirm within 5-20 seconds. This is roughly competiti

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