If approved, EIP-7781 will reduce block times from 12 seconds to 8 seconds, increase blob capacity, and make decentralized exchanges slightly more efficient.
A new Ethereum Improvement Proposal (EIP) would slash block times on Ethereum by 33% and increase data capacity — increasing overall throughput by 50%, developers claim.
Introduced on Oct. 5 by Illyriad Games co-founder Ben Adams, EIP-7781 aims to slash block times on the Ethereum network from its current 12 seconds to eight seconds, increase the latency of based rollups, and boost the capacity of blobs — a temporary data structure to reduce layer-2 network fees.
In an Oct. 6 post to X, Pseudonymous developer Cygaar said EIP-7781 would be the “first huge” step toward improving the base layer of the Ethereum network, as the bulk of developer focus is being herded toward Ethereum L2 networks as scaling solutions.