🚀 Ethereum's EIP-7781: Faster Transactions on the Horizon
Reducing Block Time for Efficiency: Ethereum's latest proposal, EIP-7781, seeks to reduce block time from 12 seconds to 8, increasing transaction throughput by 50%. Introduced by Ben Adams on October 5, 2024, this change aims to speed up network performance.
Impact on Solo Stakers: The proposal raises concerns about solo stakers needing more advanced hardware to keep up with faster processing, risking decentralization. Developer Adam Cochran called for further testing to ensure these users are not left behind.