These are time-based concepts in Ethereum. An epoch is a fixed period consisting of multiple slots, and a slot is a unit of time during which a block can be proposed. Through the documentation, otherwise separately noted, epoch and slots are defined according to the consensus client spec.
Preconfirmation is a mechanism that allows transactions to be confirmed before they are included in a block on Ethereum L1. This process aims to reduce latency and improve the user experience by providing faster transaction feedback.
A preconfirmer is a specialized node in the Taiyi network responsible for processing and validating transactions before they are included in a block. Preconfirmers act as intermediaries between users and the blockchain, helping to expedite the transaction confirmation process. It is interchangeable with “based sequencer” and plays a key role in transaction processing and sequencing.
A PreconfRequest combines a TipTx and a PreconfTx with associated signatures. It’s the complete package of information needed for the preconfirmation process.
A PreconfTx represents the actual transaction that a user wants to execute with preconfirmation. It contains standard transaction details like sender, recipient, value, and additional preconfirmation-specific information.
An auction format where the highest bidder wins but pays the amount of the second-highest bid. It encourages truthful bidding by reducing incentives to overbid.
An auction where all bidders submit their bids without knowing the bids of other participants. In this context, it uses a commit-reveal scheme to ensure confidentiality during the commit phase.
