Ethereum, The Fastest Crypto Network In The World Thanks To EIP-7781?
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On October 5, 2024, a new Ethereum Improvement Proposal, known as EIP-7781, was introduced by Ben Adams. This proposal aims to reduce the block time from 12 seconds to 8 seconds, thus increasing the network throughput by 50%. This initiative could transform the speed of crypto transactions on Ethereum and reduce the associated fees.
Crypto: The Advantages of Ethereum EIP-7781
The main goal of EIP-7781 is to improve the efficiency of the Ethereum crypto network by reducing the time required to add new blocks to the blockchain. Consequently, the capacity of blobs, a…
