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New Ethereum Proposal Could Boost Efficiency by 50%

  • A new Ethereum proposal, EIP-7781, aims to boost efficiency by 50%.
  • If approved, the plan would reduce block times from 12 seconds to 8 seconds.
  • The proposal also aims to increase the data capacity by increasing the size of temporary data structures known as 'blobs.'
  • However, there are concerns that shorter block times could create issues for solo stakers.

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