Ethereum Institutional Backs Plan to Slash Block Time by Two Seconds
Ethereum Institutional has expressed support for EIP-8198, a proposal to reduce Ethereum's block time from 12 seconds to 10 seconds.
The nonprofit organization made this announcement on X, citing the need for increased speed as institutional activity moves online.
Ethlabs' proposal aims to initially shorten Ethereum's block time to 10 seconds, with 20 DeFi founders publicly endorsing it and integrating its specifications into Ethereum's main codebase.