• Coins MarketCap
    • Coins MarketCap
    • Crypto Calculator
    • Top Gainers and Loser of the day
  • Crypto Exchanges
  • Bitcoin News
  • Crypto News
    • Cryptocurrency
    • Blockchain
    • Finance
    • Investing
    • View all latest Updates regarding crypto
Tuesday, November 11, 2025
WIREOPEDIA
No Result
View All Result
Contribute!
CONTACT US
  • Home
  • Breaking News
  • World
  • UK
  • US
  • Entertainment
  • Business
  • Technology
  • Defense
  • Health Care
  • Politics
  • Strange
  • Crypto News
WIREOPEDIA
  • Home
  • Breaking News
  • World
  • UK
  • US
  • Entertainment
  • Business
  • Technology
  • Defense
  • Health Care
  • Politics
  • Strange
  • Crypto News
No Result
View All Result
WIREOPEDIA
No Result
View All Result
Home Blockchain

Ethereum proposes 33% transaction increase with EIP 7781 to boost network efficiency

by wireopedia memeber
October 7, 2024
in Blockchain, Crypto, Crypto Market, Cryptocurrency, Finance, Investing, Market
0
Ethereum proposes 33% transaction increase with EIP 7781 to boost network efficiency
74
SHARES
1.2k
VIEWS
Share on FacebookShare on Twitter

The Ethereum community is evaluating Ethereum Improvement Proposal (EIP) 7781, which aims to increase network throughput by reducing slot time.

You might also like

Why The XRP Price Is Set To Repeat ZCASH’s Legendary 40x Rally

Uniswap Founder Submits Governance Proposal To Burn UNI — Token Jumps 50%

Prospective CFTC chair to face hearing after Trump pulls first pick

On Oct. 5, Ben Adams, co-founder of Illyriad Games, introduced a proposal to lower Ethereum’s slot time from 12 seconds to 8 seconds, which would boost transaction throughput by about 33%.

This change would distribute bandwidth usage more evenly, reducing peak bandwidth needs without increasing the number of data blobs.

Adams clarified that the adjustment would yield a similar effect as increasing the number of blobs from 6 to 8 or raising the gas limit from 30 million to 40 million. However, it avoids increasing peak bandwidth demands.

An Ethereum research bot further explained that reducing slot time would improve rollup latency and throughput without burdening the network’s bandwidth. This keeps the Ethereum network accessible for participants with different bandwidth capabilities.

Meanwhile, the proposal requires a combination of EIP-7623 and EIP-7778 to ensure network stability and higher block rate efficiency.

Early community support

Ethereum Foundation researcher Justin Drake has supported the proposal on GitHub, pointing out that it aligns with Ethereum co-founder Vitalik Buterin‘s broader scaling goals.

Drake also noted that the change would make decentralized exchanges like Uniswap v3 “1.22x more efficient.” He estimated this could save users around $100 million in centralized-to-decentralized exchange arbitrage yearly.

Pseudonymous developer Cygaar called EIP 7781 a significant step toward improving Ethereum’s base layer.

According to Cygaar, this is especially notable as much of the developer focus has shifted to Ethereum Layer 2 networks as scaling solutions.

However, the developer conceded that the EIP still needs to,

“Make sure hardware requirements don’t increase drastically for solo validators, and have to figure out a good solution for the increase in state growth.”

Similarly, Matthew Sigel, the head of digital research at VanEck, stated that the proposal would shift some power back to Ethereum Layer 1. Sigel also pointed out that the suggested changes could signal even more acceleration, with Layer 1 and 2 networks seeing a 50% throughput increase.

The post Ethereum proposes 33% transaction increase with EIP 7781 to boost network efficiency appeared first on CryptoSlate.

Read Entire Article
Tags: BlockchainCoin SurgesCryptocurrenciesCryptoslateMarket StoriesTrading
Share30Tweet19

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Related News

Strike Launches Bitcoin-Backed Loans, Allowing Users to Borrow Against Their Bitcoin Holdings

Strike Launches Bitcoin-Backed Loans, Allowing Users to Borrow Against Their Bitcoin Holdings

May 7, 2025
Is H from Steps really getting his own statue?

Is H from Steps really getting his own statue?

April 5, 2024

Ethereum Bullish Signal: $1.2 Billion In ETH Leaves Exchanges

May 15, 2025

Browse by Category

  • Blockchain
  • Breaking News
  • Business
  • Crypto
  • Crypto Market
  • Cryptocurrency
  • Defense
  • Entertainment
  • Finance
  • Health Care
  • Investing
  • Market
  • Politics
  • Strange
  • Technology
  • UK News
  • US News
  • World
WIREOPEDIA

Wireopedia is an automated news feed. The Wireopedia AI pulls from sources with different views so you can see the various sides of different arguments and make a decision for yourself. Wireopedia will be firmly committed to the public interest and democratic values.

Privacy Policy     Terms and Conditions

CATEGORIES

  • Blockchain
  • Breaking News
  • Business
  • Crypto
  • Crypto Market
  • Cryptocurrency
  • Defense
  • Entertainment
  • Finance
  • Health Care
  • Investing
  • Market
  • Politics
  • Strange
  • Technology
  • UK News
  • US News
  • World

BROWSE BY TAG

Bitcoin Bitcoinist Bitcoinmagazine Blockchain Breaking News Business BuzzFeed Celebrity News Coin Surges Cointelegraph Cryptocurrencies Cryptoslate Defense Entertainment Health Care insidebitcoins Market Stories newsbtc Politico Skynews Strange Technology Trading UK US World

RECENT POSTS

  • ‘Devious, scheming and manipulative’ NHS manager jailed after grooming girls on Snapchat
  • Universal credit claimants soar by over a million in a year, new figures show
  • The Sting and Anna star Sally Kirkland dies aged 84
  • Why The XRP Price Is Set To Repeat ZCASH’s Legendary 40x Rally
  • Uniswap Founder Submits Governance Proposal To Burn UNI — Token Jumps 50%

© 2024 WIREOPEDIA - All right reserved.

No Result
View All Result
  • Home
  • Breaking News
  • World
  • UK
  • US
  • Entertainment
  • Business
  • Technology
  • Defense
  • Health Care
  • Politics
  • Strange
  • Crypto News
  • Contribute!

© 2024 WIREOPEDIA - All right reserved.

  • bitcoinBitcoin(BTC)$105,999.004.14%
  • ethereumEthereum(ETH)$3,639.067.61%
  • tetherTether(USDT)$1.000.07%
  • rippleXRP(XRP)$2.405.83%
  • binancecoinBNB(BNB)$1,011.342.21%
  • solanaSolana(SOL)$166.856.15%
  • usd-coinUSDC(USDC)$1.000.00%
  • staked-etherLido Staked Ether(STETH)$3,638.857.47%
  • tronTRON(TRX)$0.2913780.18%
  • dogecoinDogecoin(DOGE)$0.1816374.08%
  • cardanoCardano(ADA)$0.594.02%
  • wrapped-bitcoinWrapped Bitcoin(WBTC)$106,064.004.35%
  • chainlinkChainlink(LINK)$16.155.37%
  • bitcoin-cashBitcoin Cash(BCH)$507.092.56%
  • stellarStellar(XLM)$0.2899853.53%
  • litecoinLitecoin(LTC)$109.833.78%
  • avalanche-2Avalanche(AVAX)$17.963.91%
  • shiba-inuShiba Inu(SHIB)$0.0000102.60%
  • polkadotPolkadot(DOT)$3.23-1.36%
  • crypto-com-chainCronos(CRO)$0.1307324.58%
  • daiDai(DAI)$1.000.10%
  • uniswapUniswap(UNI)$6.6912.71%
  • nearNEAR Protocol(NEAR)$2.92-4.20%
  • okbOKB(OKB)$127.364.44%
  • filecoinFilecoin(FIL)$2.68-7.53%
  • algorandAlgorand(ALGO)$0.1800392.61%
  • vechainVeChain(VET)$0.0173112.02%
  • cosmosCosmos Hub(ATOM)$2.991.62%
  • elrond-erd-2MultiversX(EGLD)$10.11-4.33%