Ethernet plans to cut bridging time by 98% to 13 seconds with new rules
Svmuu - The Ethernet client team is testing an optional fast confirmation mechanism that could reduce the time some L2 networks and exchanges wait to confirm deposits on the mainnet to about 13 seconds. Writing on X, Ethernet researcher Julian Ma said the proposed Fast Confirmation Rule (FCR) would "reduce Ethernet L1 to L2 or exchange deposits to about 13 seconds, and for most L2s and exchanges, the deposit time would be reduced by 80-98%". The developers say the rule can be adopted without a hard fork, but client-side and API integration is still a work in progress. The client team has begun work on the implementation, and once deployed, nodes will be able to use the rule without network-wide coordination. It is expected that exchanges, Layer 2 services and infrastructure providers will only need to make minor changes to complete the integration. (Cointelegraph)
No AI analysis yet. Tap the "AI Analysis" button above to generate one now.
Disclaimer: This content reflects the author's personal views only and does not constitute investment advice.
24H Trending
-
1
ETH inter-exchange spread reaches 1.11%
-
2
The Nikkei 225 index is down 2.72% from its previous close, currently at 62,903.43.
-
3
Tether, Circle, Ripple, and other stablecoin issuers have frozen over $2.6 billion in assets linked to suspected security breaches at Binance.
-
4
Samsung Electronics fell 4.31% from its previous close, now trading at ₩222,000.
-
5
South Korea's KOSPI index is down 4.77% from its previous close, currently at 5,654.61.
-
6
Lookonchain: Binance hackers are selling PEPE, UNI, LINK, and other tokens, still holding over $150 million worth of various altcoins.
-
7
SK Hynix is down 5.9% from its previous close, now trading at ₩1,436,000.
-
8
Taiwan's TAIEX fell 2.68% from its previous close, currently at 45,125.33.
-
9
Binance hacker finishes dumping UNI, ENA, PEPE, LINK, AAVE, ONDO, WLD for 70,480 ETH ($158.25M)
-
10
CNBC analysis suggests that Intel's stock may continue to fall after its significant decline, but selling now would not recover losses.
Markets Today
Recommended Reading


