Puffer Finance: UniFi AVS Launched, Introducing Pre-Confirmation to Ethereum for Faster Transactions
Puffer Finance Launches UniFi AVS, A Pre-Confirmation System for Faster Ethereum Transactions
ChainCatcher reports that Puffer Finance, a staking protocol, has launched UniFi AVS, a product designed to unlock the full potential of base rollups and address Ethereum's fragmentation issues. UniFi AVS aims to allow Ethereum to surpass other L1s in speed without compromising decentralization.
Through EigenLayer, UniFi AVS introduces pre-confirmations (preconfs) to Ethereum, unlocking rapid transaction capabilities for both L1 and base rollups, as well as new revenue streams for validators. With preconfs, validators commit to including transactions in a block before they are proposed to the Ethereum L1. This provides faster confirmation for users, reducing transaction confirmation times from 12 seconds to as little as 100 milliseconds.
UniFi AVS also ensures accountability through an on-chain registration and penalty mechanism. If a validator fails to uphold its pre-confirmation commitment, it will be penalized, ensuring the reliability and security of the entire system. UniFi AVS further allows validators to earn profits from pre-confirmations, creating a new revenue stream and operating entirely permissionless.