New post on ! LMD GHOST with ~256 validators and a fast-following finality gadget By: - @VitalikButerin 🔗 Highlights: - Reducing Ethereum's slot time can be achieved by optimizing the way transactions are processed and finalizing them separately. - Using around 256 validators for quick confirmations allows for faster transaction processing without changing security assumptions. - A separate finalizing consensus mechanism can be implemented to finalize transactions after the initial confirmation, providing flexibility in choosing the method. - This approach allows for handling more validators efficiently, potentially increasing the validator count to 1 million without complex techniques. - The proposed method simplifies the process, reducing interaction effects and making it easier to manage validator participation. ELI5: This research explores how to make Ethereum faster by changing how it processes transactions. It suggests using a smaller group of validators to quickly confirm transactions, while a larger group works on finalizing them later. This way, Ethereum can handle more transactions without compromising security.