ChainCatcher news, Ethereum developers have launched a new Ethereum Improvement Proposal (EIP) EIP-7732, which aims to completely reform the block verification process and speed up the blockchain.

The proposal makes major changes to block verification, improving the security and performance of the blockchain by dividing the process into consensus and execution.

EIP-7732 responds to the growing efficiency needs of the Ethereum blockchain and follows Ethereum co-founder Vitalik Buterin's push for faster transaction confirmation times. The core element of EIP-7732 is its established proposer-builder separation (EPBS), which is the process of dividing block creation into consensus proposers and execution proposers.