New Ethereum proposal aims to increase throughput by 50%
If approved, EIP-7781 may reduce block times to 8 seconds from 12 seconds, increase blob capacity and make decentralized exchanges more efficient.
A new Ethereum Improvement Proposal (EIP) would slash block times on Ethereum by 33% and increase data capacity — increasing overall throughput by 50%, developers claim.
Introduced on Oct. 5 by Illyriad Games co-founder Ben Adams, EIP-7781 aims to slash block times on the Ethereum network to eight seconds from 12 seconds, increase the latency of based rollups and boost the capacity of blobs — a temporary data structure to reduce layer-2 network fees.
In an Oct. 6 post to X, Pseudonymous developer Cygaar said EIP-7781 would be the “first huge” step toward improving the base layer of the Ethereum network, as the bulk of developer focus is being herded toward Ethereum layer-2 networks as scaling solutions.
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Author: Tom Mitchelhill
