Soneium, a layer-2 (L2) blockchain network developed by Sony Block Solutions Labs, said it has slashed its blockchain finality time by over 98%, as it aims to solve one of the biggest challenges in blockchain scalability.
Astar, a Japanese Web3 adoption collective bridging Astar Network and Soneium, announced a strategic partnership with AltLayer and EigenLayer to launch a “Fast Finality Layer” for Sony’s L2 blockchain.
In blockchain settlement, finality is the assurance that a transaction is irreversible, which happens after it is added to a block on the blockchain ledger.
The new finality layer provides a crypto-economic security guarantee through a decentralized network of validators to reduce the reliance on centralized sequencers and enable more secure crosschain interactions.
Soneium, ALtLayer, EigenLayer partnership. Source: Astar Network
This could result in a sub-10-second transaction finality for Soneium, a 98% reduction from its initial 15-minute finality, which was