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Ethereum Researchers Propose Reducing Transaction Finality Time to Four Minutes

Ethereum Researchers Propose Reducing Transaction Finality Time to Four Minutes

Photo: Crypto Economy

Ethereum researchers have proposed redesigning the network’s consensus process to cut transaction finality across the network from roughly 16 minutes to about four. The EIP-8453 draft separates block-selection votes from finality attestations. The proposal targets at least a fourfold reduction in finality time, but remains an unfinished draft with no activation date. Faster settlement would extend Ethereum’s push toward a more efficient base layer while preserving the validator security model behind Ethereum . Under Ethereum’s current Gasper design, validator votes influence fork choice and help finalize older blocks.

Source: Crypto Economy

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