📰 Ethereum Institutional has thrown its support behind EIP-8198, a proposal to reduce Ethereum's block time from 12 to 10 seconds. This change aims to enhance transaction confirmation speeds and improve the user experience in decentralized finance applications. While the proposal has garnered support from both institutional and DeFi industry players, experts note that validators' network processing capacity and system stability need thorough validation before implementation. The next confirmed milestone would be the formal approval process for EIP-8198 within the Ethereum ecosystem.

Source: https://blockchainseoul.kr/article/22477