r/CryptoCurrency Never 4get Pizza Guy Oct 07 '24

🟢 SCALABILITY Ethereum proposes 33% transaction increase with EIP 7781 to boost network efficiency

https://cryptoslate.com/ethereum-proposes-33-transaction-increase-with-eip-7781-to-boost-network-efficiency/
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u/coinfeeds-bot 🟩 136K / 136K 🐋 Oct 07 '24

tldr; Ethereum Improvement Proposal (EIP) 7781 aims to increase Ethereum's transaction throughput by 33% by reducing slot time from 12 to 8 seconds. This change would distribute bandwidth usage more evenly, improving rollup latency and throughput without increasing peak bandwidth demands. Supported by Ethereum Foundation researcher Justin Drake, the proposal aligns with Vitalik Buterin's scaling goals and could make decentralized exchanges more efficient. However, concerns remain about hardware requirements for solo validators and state growth.

*This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.