According to Techub News, Illyriad Games co-founder Ben Adams recently released the EIP-7781 proposal, which aims to reduce Ethereum's block time from the current 12 seconds to 8 seconds, thereby increasing transaction throughput by about 33% without increasing the number of individual blocks or blobs. In addition to increasing the mainnet throughput, the proposal also aims to distribute bandwidth usage over time to reduce peak bandwidth demand and maintain network efficiency.

Justin Drake, a researcher at the Ethereum Foundation, recognized the EIP, saying that the proposal is consistent with some of the broader goals proposed by Vitalik Buterin and the Ethereum Extension Organization.