Ethereum community proposes to increase network throughput by 33%
The initiative will reduce the waiting time when offering new blocks without changing the size of the blocks themselves
07.10.2024 - 09:20
77
2 min
0
What’s new? A new blockchain improvement proposal (EIP) number 7781 has emerged in the Ethereum community that aims to reduce the slot time from 12 seconds to 8 seconds. Reducing the slot time would lead to more frequent block creation and improve the overall efficiency of the network.
What else is known? Initiative author researcher Ben Adams notes that the goal is to reduce latency in rollups — Ethereum-based Layer 2 (L2) networks — and increase throughput by about 33%.
The proposal to increase the gas limit from 30 million to 40 million, as well as increasing the blobs limit per block from 6 to 8, proposed late last month by Ethereum co-founder Vitalik Buterin, has the same goal. However, EIP-7781 is different in that it does not require an increase in peak throughput.
Vitalik Buterin: Ethereum block space for binary data is 75% full
The developer proposed to increase the blob count limit by implementing the EIP-7623 enhancement
So, if adopted by the community, this proposal will reduce latency rather than increase the gas limit or the amount of blobs per block. Since the size of each block remains the same, the peak throughput, the maximum data rate required, would not increase.
The initiative is currently at the stage of preliminary review and discussion.
In early 2025, Ethereum developers will conduct the Pectra hardfork in two stages, which will improve network scalability, allow wallets to be used as smart contracts, and increase the ETH limit in staking for each individual validator. The team decided to split the upgrade into two parts due to its high complexity.
Useful material?
Telegram 
Twitter Technologies
Network fees will be integrated into the cost of swaps
Nov 22, 2024
Market
The company’s unrealized profits from investing in its first cryptocurrency approached $14 billion
Nov 19, 2024
Incidents
The search, the reason for which was not announced, took place a week after the election, the results of which Polymarket users predicted quite accurately
Nov 14, 2024
Market
Analysts point to the growing popularity of the first cryptocurrency as a safe haven asset
Nov 13, 2024
Market
The product will begin trading on the Swiss Exchange on November 19
Nov 12, 2024
Market
The company’s unrealized profits from investing in the first cryptocurrency approached $13 billion
Nov 12, 2024
Cryptocurrency rates
-
Bitcoin
$96 271
BTC
-1.48%
-
Ethereum
$3 323.14
ETH
-2.88%
-
BNB Smart Chain
$579.4
BSC
+1.23%
-
Ripple
$1.39
XRP
-6.82%
-
Dogecoin
$0.418333
DOGE
-2.63%
-
Cardano
$0.991086
ADA
-6.72%
-
Stellar XLM
$0.530802
XLM
+3.42%
-
Polkadot
$8.46
DOT
-3.19%
-
Bitcoin Cash
$502.73
BCH
-1.13%
-
Litecoin
$95.88
LTC
-3.48%