New Ethereum Proposal Promises Faster Blocks and Higher Efficiency

TL;DR EIP-7781 aims to reduce Ethereum block times from 12 to 8 seconds, potentially increasing transaction throughput by 50% and enhancing network efficiency. The proposal includes increasing blob capacity, which helps lower fees for layer-2 solutions and distributes bandwidth usage more evenly, resulting in smoother performance and lower latency. Concerns have been raised for solo ...... source: https://crypto-economy.com/new-ethereum-proposal-promises-faster-blocks-and-higher-efficiency/