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Ethereum EIP-7781: Boosting Scalability with 8-Second Slots

  • EIP-7781 aims to reduce Ethereum’s block time from 12 to 8 seconds, increasing transaction throughput by 33%
  • Shorter block times could enhance the performance of decentralized exchanges like Uniswap v3, improving efficiency and reducing costs for users
  • Implementing this proposal may save users around $100 million annually by minimizing costly arbitrage opportunities between centralized and decentralized exchanges
  • Supported by proponents like Justin Drake, this proposal could achieve the goal of speeding up transactions and saving money for Ethereum users

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