Ethereum Institutional signals support for Ethlabs’ motion to reduce Ethereum block times
The non-profit signaled support for reducing Ethereum block times, citing increasing institutional activity moving onto the smart-contract network.
Ethereum Institutional signaled support for Ethlabs’ motion to reduce block times and create a faster Ethereum to address increasing competition from other networks.
“Make Ethereum faster,” wrote the non-profit organization in a Friday X post, arguing that reducing block times is needed as “more institutional activity moves onchain.”
On Thursday, Ethlabs published an article quoting 20 decentralized finance (DeFi) founders showing broad support for EIP-8198, also known as “Quick Slots,” which seeks to initially reduce Ethereum block times to 10 seconds from 12 seconds.