Coinspeaker
Ethereum Proposal EIP-7781 Seeks to Reduce Block Times to 8 Seconds
As per the recent claim by developers, a new Ethereum proposal EIP-7781 seeks to reduce the block times from 12 seconds to 8 seconds i.e. a 33% drop, which will boost the overall throughput by 50%.
Last Saturday, October 5, Illyriad Games co-founder Ben Adams introduced this EIP-7781 proposal with the goal of reducing the block times on the Ethereum mainnet. Block time represents the average time required by validators to verify the transactions and solve the hash.
By reducing the block time from 12 seconds to 8 seconds, the EIP-7781 proposal will increase the latency of based rollups while boosting the capacity of blobs, which helps in reducing Layer-2 network fees.
In an Oct. 6 post on X, pseudonymous developer Cygaar described EIP-7781 as the “first major” step toward enhancing Ethereum’s base layer, noting that much of the development effort is currently shifting towards Ethereum Laye
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