Could Ethereum’s new EIP 7781 help close the gap with Solana?

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Could Ethereum’s new EIP 7781 help close the gap with Solana?
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Ethereum researchers have proposed reducing the system's slot times to improve the throughput capacity by 50%.

Ben Adams, a contributor at Netherminds, an Ethereum execution client, forwarded the proposal. He suggested reducing slot times from 12 seconds to 8 seconds.

For context, Ethereum PoS is designed to propose a block every 12 seconds, called slots. For each slot, a validator is selected to propose the block, making this feature a crucial part of its transaction throughput capacity.Most importantly, if the proposal is approved, Ethereum’s throughput could improve by 50%, with the gas and blob limit capped at 45 million and 9, respectively.the proposal as a game-changer for ETH’s performance.

“Major #ETH improvement proposal may shift some power back to L1. Hints at further acceleration. Both L1 & L2s get a 50% bump in throughput.” At press time, many of the proposal’s potential negative impacts were unknown. But Sigel believed the move could help reverse ETH’s declining value.ighest speed, with 785 transactions per second . If the Firedancer client goes live on the Mainnet, it could hit thousands or millions of tps.

On the other hand, ETH ranked 15th on the fastest blockchain list. It doesn’t match SOL, even with its L2 scaling solutions. That said, the proposal could help ETH close the gap.Benjamin is a Telecommunication Engineering graduate who is passionate about crypto-markets and unraveling market trends. Armed with charts and patterns, he's interested in making the intricate, complex landscape of digital assets more palatable for every user.Subscribe to get it daily in your inbox.

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