The half-life of a first-order reaction is given by the formula:
\[
t_{1/2} = \frac{0.693}{k}
\]
where \( t_{1/2} \) is the half-life and \( k \) is the rate constant.
Given \( k = 230 \, \text{s}^{-1} \), substituting this into the equation:
\[
t_{1/2} = \frac{0.693}{230} = 3.01 \times 10^{-3} \, \text{s}
\]
Thus, the half-life is \( 3.01 \times 10^{-3} \, \text{s} \).