A new draft targets a fourfold cut in the time it takes Ethereum transactions to become final, which could free up money transfer services tie up while customers’ payments clear. Ethereum researchers have proposed cutting transaction finality from about 16 minutes to roughly four minutes, though the unfinished plan has no activation date. Faster finality could reduce costs for cross-chain transfer services by allowing them to recover and reuse funds more quickly. The proposal would separate val…
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