Moneyiar
Menu

Ethereum Institutional backs Ethlabs’ proposal to shorten block times

Ethereum Institutional supports Ethlabs’ motion to reduce Ethereum block times, citing increasing institutional activity on the smart-contract network. The report does not give a proposed interval, approval status or implementation timeline.

Cointelegraph 13 unique views
Ethereum Institutional backs Ethlabs’ proposal to shorten block times

Ethereum Institutional has expressed support for a motion from Ethlabs seeking to reduce block times on the Ethereum network. The non-profit pointed to growing institutional activity moving onto Ethereum’s smart-contract infrastructure as the basis for its position. A shorter block time could become part of the network’s ongoing discussion about how to accommodate increased activity, although the source material does not specify the proposed interval, a timeline, or whether the motion has been approved. The development is relevant to ETH market observers because it highlights continued attention to Ethereum’s network performance as institutional participation expands. The announcement concerns Ethereum’s infrastructure and does not provide a price target, trading recommendation, or forecast for ETH. Other assets linked to the report include LAB, ONT, EDU, TRAC, PEPE, ALE, PRO, RED, SHIB, TUT and UNI.

Source Cointelegraph Written by Moneyiar based on reporting from the cited source and Moneyiar market data.
Read original source ↗

Related news

Based on this story’s market and assets

Comments