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Search Results > ETHEREUM REVEAL A PATH FROM 16-MINUTE FINAL TO SECONDS Ethereum's next big breakthrough may not come from cheaper transactions. This can come from making transactions faster. At DEVCON 8 in Mumbai, Ethereum Foundation Researcher YANN VONLANTHEN presented a roadmap to reduce Ethereum's completion time from 16 MINUTES towards just SECONDS. The plan involves changing the way attackers reach consensus. Today, Ethereum uses a consensus process that requires multiple rounds of voting before a transaction reaches finality. Once completed, undoing the transaction would require a very expensive attack against the network's consensus mechanism. This security is one of Ethereum's greatest strengths. But the minutes of waiting for finals create friction for financial applications, exchanges, cross-chain systems and institutional settlements. The proposed solution starts with DeCOUPLED CONSENSUS. The researchers believe that this approach may make voting operational around 4X FASTER. They also explore something more ambitious. One reality. Instead of requiring the current multi-round process, a future consensus design might determine blocks using a much shorter sequence. The Devcon presentation introduced two additional components to the study. One addresses the trade-off between network security and the ability to keep processing transactions under harsh conditions. The second presents an ACCOUNTABILITY GADGET designed to strengthen financial security. The researchers also revealed the reality. WATCH, a tool for analyzing how consensus, network improvements, and attack consoles affect completion times. IMPORTANT: This is a ROADMAP, not an ACTFed ETHEREUM UPGRADE. There is no confirmed launch date for one final. And achieving subsecond finality will require coordinated improvements across many parts of Ethereum.

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Search Results > ETHEREUM REVEAL A PATH FROM 16-MINUTE FINAL TO SECONDS Ethereum's next big breakthrough may not come from cheaper transactions. This can come from making transactions faster. At DEVCON 8 in Mumbai, Ethereum Foundation Researcher YANN VONLANTHEN presented a roadmap to reduce Ethereum's completion time from 16 MINUTES towards just SECONDS. The plan involves changing the way attackers reach consensus. Today, Ethereum uses a consensus process that requires multiple rounds of voting before a transaction reaches finality. Once completed, undoing the transaction would require a very expensive attack against the network's consensus mechanism. This security is one of Ethereum's greatest strengths. But the minutes of waiting for finals create friction for financial applications, exchanges, cross-chain systems and institutional settlements. The proposed solution starts with DeCOUPLED CONSENSUS. The researchers believe that this approach may make voting operational around 4X FASTER. They also explore something more ambitious. One reality. Instead of requiring the current multi-round process, a future consensus design might determine blocks using a much shorter sequence. The Devcon presentation introduced two additional components to the study. One addresses the trade-off between network security and the ability to keep processing transactions under harsh conditions. The second presents an ACCOUNTABILITY GADGET designed to strengthen financial security. The researchers also revealed the reality. WATCH, a tool for analyzing how consensus, network improvements, and attack consoles affect completion times. IMPORTANT: This is a ROADMAP, not an ACTFed ETHEREUM UPGRADE. There is no confirmed launch date for one final. And achieving subsecond finality will require coordinated improvements across many parts of Ethereum.

Search Results > ETHEREUM REVEAL A PATH FROM 16-MINUTE FINAL TO SECONDS Ethereum's next big breakthrough may not come from cheaper transactions. This can come from making transactions faster. At DEVCON 8 in Mumbai, Ethereum Foundation Researcher YANN VONLANTHEN presented a roadmap to reduce Ethereum's completion time from 16 MINUTES towards just SECONDS. The plan involves changing the way attackers reach consensus. Today, Ethereum uses a consensus process that requires multiple rounds of voting before a transaction reaches finality. Once completed, undoing the transaction would require a very expensive attack against the network's consensus mechanism. This security is one of Ethereum's greatest strengths. But the minutes of waiting for finals create friction for financial applications, exchanges, cross-chain systems and institutional settlements. The proposed solution starts with DeCOUPLED CONSENSUS. The researchers believe that this approach may make voting operational around 4X FASTER. They also explore something more ambitious. One reality. Instead of requiring the current multi-round process, a future consensus design might determine blocks using a much shorter sequence. The Devcon presentation introduced two additional components to the study. One addresses the trade-off between network security and the ability to keep processing transactions under harsh conditions. The second presents an ACCOUNTABILITY GADGET designed to strengthen financial security. The researchers also revealed the reality. WATCH, a tool for analyzing how consensus, network improvements, and attack consoles affect completion times. IMPORTANT: This is a ROADMAP, not an ACTFed ETHEREUM UPGRADE. There is no confirmed launch date for one final. And achieving subsecond finality will require coordinated improvements across many parts of Ethereum.

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