2 ms·

You keep saying “instant”, but in practice ethereum takes a few minutes for finality and can only handle a maximum of 50 tps. I’ll grant that both of those may

You keep saying “instant”, but in practice ethereum takes a few minutes for finality and can only handle a maximum of 50 tps. I’ll grant that both of those may improve with as zk tech matures, but even with rollups there’s no way of having better finality than ethereum, which is unlikely to ever be better than 60s

everfree 5y ago
In practice, rollups can offer better finality than ethereum's base layer by using a bonding scheme. Basically, a rollup provider can sign a message that says "I promise that this transaction will become finalized, otherwise I forfeit my bond." Depending on the implementation, the receipt of that message can give the payment recipient pretty good confidence that the transaction will be finalized. I believe some rollup providers are either doing this already or currently researching it.