Vitalik introduces Ethereum's new fast confirmation rules, allowing users to achieve irreversible guarantees in 12 seconds

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ChainCatcher News: Ethereum co-founder Vitalik Buterin posted about a new fast confirmation rule mechanism for Ethereum. This mechanism allows users to have a non-revert guarantee for Ethereum transactions after just one Slot (12 seconds). Vitalik pointed out that the security of this rule is based on two premises: first, that the majority of validators are honest nodes; second, that network latency is below approximately 3 seconds. Although its security is slightly lower than economic finality, it already provides strong reliability for many application scenarios.

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