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Ethereum’s New Proposal Aims to Boost Transaction Speed and Scaling

  • EIP 7928 proposes to boost Ethereum's transaction speed and scaling by introducing parallel transaction processing for faster execution and more efficient block validation.
  • The proposal includes Block-Level Access Lists (BALs) to map addresses and storage keys accessed during transactions, enabling parallel disk reads and simultaneous validation to enhance network efficiency.
  • If approved, EIP 7928 could improve Ethereum's Layer-1 scaling by processing more transactions per block, reducing validation time, and potentially increasing gas limits for higher network capacity.
  • Developers behind the proposal aim to make Ethereum's scaling solutions more efficient, providing tools for long-term scalability on the leading smart contract platform.

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