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HYPE $85.01 -3.63%
AAVE $132.36 -0.73%
SUI $0.8193 +2.95%
XLM $0.1908 +3.82%
ZEC $1,165.88 -3.60%

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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