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BCH $203.15 -0.83%
LINK $9.43 +4.67%
HYPE $56.77 +0.66%
AAVE $86.11 -0.20%
SUI $0.6765 -0.98%
XLM $0.1578 +0.00%
ZEC $486.63 -1.46%

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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