organisation

Ethereum

Blockchain network

Crypto · Ethereum researchers propose four-minute settlement to lower transaction costs

Ethereum researchers have proposed a change that could cut the time it takes for transactions to become final from about 16 minutes to roughly four, a shift that would reduce costs for cross-chain transfer services by freeing up idle funds more quickly. The draft, filed Wednesday by researcher Ben Edgington and colleagues, is still incomplete and has no activation date.