New Ethereum Upgrade Could Increase Transaction Throughput by 33%

New Ethereum Upgrade Could Increase Transaction Throughput by 33%
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Recently, Ethereum (ETH) developers proposed EIP-7781 to drop block times drastically. The proposed lower block times to be 8 seconds from 12 seconds. This is supposed to offer a 50% increase in overall transaction throughput on the Ethereum mainnet.
Ben Adams, one of the co-founders of Illyriad Games, kicked off the initiative. On October 5, he presented the EIP-7781 proposal. The new block time will help improve user experiences by making transaction processing faster.
Reducing Ethereum’s block times will improve its network’s efficiency. Layer 2 solutions should be the primary winner of the upgrade since they rely on the mainnet to run. Additionally, this could decost users for Layer 2 services.
Ethereum Upgrade Targets Lower Transaction Costs
The EIP-7781 proposal enhances Ethereum’s capacity for data blobs. Reducing the block time is designed to make rollups more latency-intensive. It should lead to higher throughput with lower overall user transaction costs.

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We współpracy z: https://www.thecoinrepublic.com/2024/10/07/new-ethereum-upgrade-could-increase-transaction-throughput-by-33/

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