Vitalik Proposes, Ethereum Transaction Confirmation Time Could Drop to 12 Seconds with 'Lean Ethereum' Initiative

Proposal for Fast ETH Confirmation

On the 18th, Ethereum (ETH) co-founder Vitalik Buterin proposed a new rule for fast transaction confirmation that allows users to secure non-reversible guarantees within a single slot, approximately 12 seconds.

He stated that the security of this rule relies on two key assumptions: 'the majority of validators are honest' and 'network delays are less than about three seconds'...