Ethereum Improvement Proposal (EIP-7781) proposes reducing the block time from 12 seconds to 8 seconds, aiming to increase Ethereum network efficiency by 50% and improve transaction speeds. This proposal would greatly benefit decentralized exchanges like Uniswap v3, making them more efficient in processing transactions.
However, reducing block times could also create challenges for individual stakers, as the hardware requirements would be higher to maintain the stability and speed needed during staking. Currently, EIP-7781 is under discussion and review in the Ethereum community, with mixed opinions on its benefits and impacts.
