Ethereum Takes Big Step: Block Time Shortens! 🚀

Ethereum Improvement Proposal, EIP-7781, was introduced on October 5, 2024, and aims to reduce block time from 12 seconds to 8 seconds. This proposal, presented by Ben Adams, could increase network capacity by 50%.

- Developer Cygaar described EIP-7781 as the "first big" step to improve Ethereum's L1 performance.

- The proposal aims to reduce fees on L2 networks by expanding "blob" capacity.

- Ethereum Foundation researcher Justin Drake stated that this plan is in line with Vitalik Buterin's scaling goals.

How do you think these changes will affect Ethereum? Let's meet in the comments! 💬