Puffer to launch Ethereum preconfirmations with Google Cloud and 1 ETH collateral
- —Google Cloud will run a gateway guaranteeing transaction results before Ethereum settlement
- —Puffer's UniFi network will be the first to use the Puffer Preconf service
- —A failed preconfirmation would cost the gateway 1 ETH under slashing rules
- —Puffer says transactions are configured at 50 milliseconds, though this is not independently verified
Why it matters: Preconfirmations could speed up DeFi settlement, but unclear compensation terms and slashing timelines leave user risk unresolved.
Source: Cryptonews.net