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Fast Confirmation Rule (FCR): Accelerating Timelines from Roughly 14 Minutes to 12 Seconds
A highly anticipated development concerning the Fast Confirmation Rule (FCR) was recently shared. Within the next few months, a major cross-chain bridge company is projected to integrate FCR into its operations.
As a result of this launch, latency for cross-chain transfers starting on L1 or L2 will be drastically reduced. Instead of waiting around 14 minutes, which is the time currently necessary to achieve finality, users could experience completion in as little as 12 seconds.
Let us take a closer look at how FCR functions and the reasons it is so essential.
Fast Confirmation Rule (FCR): Accelerating Timelines from Roughly 14 Minutes to 12 Seconds
A highly anticipated development concerning the Fast Confirmation Rule (FCR) was recently shared. Within the next few months, a major cross-chain bridge company is projected to integrate FCR into its operations.
As a result of this launch, latency for cross-chain transfers starting on L1 or L2 will be drastically reduced. Instead of waiting around 14 minutes, which is the time currently necessary to achieve finality, users could experience completion in as little as 12 seconds.
Let us take a closer look at how FCR functions and the reasons it is so essential.
