The stablecoin industry has a transparency problem.
Most rely on quarterly attestations. USD1 already does monthly - better than anyone else. But even monthly attestations have a 1-month reporting delay because accounting takes time.
We just solved that. Thread 👇
We built a simulator for the fast confirmation rule, and replayed a years worth of blocks and attestations on Mainnet.
Across 800,000 mainnet slots, roughly 96 out of every 100 slots would have been fast-confirmed within 12 seconds.
Zero false confirmations.
Read more below!