Puffer Finance: Launched UniFi AVS to introduce pre-confirmations for fast transactions on Ethereum
ChainCatcher news, according to official information, the re-staking protocol Puffer Finance has announced the launch of UniFi AVS, a product dedicated to unlocking the full potential of based rollups to address Ethereum's fragmentation issues. Additionally, it allows Ethereum to surpass other L1s in speed without compromising decentralization.
Through EigenLayer, UniFi AVS introduces preconfs to Ethereum, unlocking fast transaction capabilities for L1 and based rollups, as well as a new revenue source for validators. With preconfs, validators commit to including transactions in blocks before submitting them to Ethereum L1. This provides users with faster confirmations, reducing transaction confirmation times from 12 seconds to just 100 milliseconds.
Moreover, UniFi AVS ensures accountability through on-chain registration and a penalty mechanism. If validators fail to adhere to their preconfirmation commitments, they will be penalized, ensuring the reliability and security of the entire system. UniFi AVS also allows validators to profit from preconfs, creating new revenue streams and operating entirely permissionlessly.