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SoK: Preconfirmations

Main:28 Pages
2 Figures
Bibliography:1 Pages
2 Tables
Appendix:6 Pages
Abstract

In recent years, significant research efforts have focused on improving blockchain throughput and confirmation speeds without compromising security. While decreasing the time it takes for a transaction to be included in the blockchain ledger enhances user experience, a fundamental delay still remains between when a transaction is issued by a user and when its inclusion is confirmed in the blockchain ledger. This delay limits user experience gains through the confirmation uncertainty it brings for users. This inherent delay in conventional blockchain protocols has led to the emergence of preconfirmation protocols -- protocols that provide users with early guarantees of eventual transaction confirmation.

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