Ethereum Institutional Backs Plan to Cut Block Times to 10 Seconds

Ethereum Institutional has thrown its support behind a proposal to reduce Ethereum's block time from 12 seconds to 10 seconds, citing the need for faster execution as more financial activity moves onto public blockchains.

The nonprofit organization stated that 'Make Ethereum faster' and argued that shorter block times are becoming increasingly important due to growing institutional adoption.

Ethereum Institutional's backing comes in support of EIP 8198, also known as Quick Slots, which would make Ethereum's slot duration configurable, allowing developers to gradually shorten the time between blocks.