Ethereum’s Fast Confirmation Rule Is Rolling Out: What Does It Bring?
The Ethereum network is set to introduce a new rule aimed at significantly reducing deposit times from Layer 1 to Layer 2 networks and exchanges. Julian Ma, a Research Scientist at the Ethereum Foundation, outlined the Fast Confirmation Rule (FCR) in a detailed post, calling it the “new industry standard” for Layer 2 networks and exchanges. What Is Ethereum Fast Confirmation Rule? Ma noted that transferring assets from Ethereum to Layer 2 networks and centralized exchanges has long been a slow process. The new Fast Confirmation Rule (FCR) aims to fix this by slashing deposit times down to roughly 13 seconds
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