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BCH $256.18 -1.72%
LINK $13.18 +7.49%
HYPE $87.87 -0.51%
AAVE $133.97 -0.78%
SUI $0.8101 +0.66%
XLM $0.1912 +2.34%
ZEC $1,194.50 +1.57%

The Ethereum community has launched a new proposal EIP-7781, aimed at increasing throughput by 50%

2024-10-07 14:18:52

ChainCatcher news, according to developers, the new Ethereum Improvement Proposal (EIP) will reduce Ethereum's block time by 33% and increase data capacity------thus improving overall throughput by 50%.

EIP-7781 was introduced by Ben Adams, co-founder of Illyriad Games, on October 5, aiming to shorten the block time on the Ethereum network from the current 12 seconds to 8 seconds, increase aggregation-based latency, and enhance the capacity of blobs (a temporary data structure used to reduce Layer 2 network fees).

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