Ethereum co-founder Vitalik Buterin has presented an updated roadmap outlining plans to speed up transaction processing. He proposed gradually reducing block times and significantly cutting the time required for final transaction confirmation. Today, finality on Ethereum takes about 16 minutes on average. “We will reduce slot time gradually when we are confident it is safe,” Buterin wrote. A new block is currently produced roughly every 12 seconds, but that interval could drop to 8, 6, 4 or even 2 seconds in the future. At the same time, the team is considering a new confirmation system that would allow transactions ... (full story)