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CryptoIntelligence 2024-07-05 21:03:27

Ethereum Proposes EIP-7732 to Revolutionize Block Validation and Boost Blockchain Speed

Ethereum developers have introduced a new Ethereum Improvement Proposal, EIP-7732, aimed at overhauling the block validation process to enhance blockchain speed and efficiency. EIP-7732 proposes significant changes by dividing block validation into two distinct processes: consensus and execution. This move is in response to the growing demand for improved efficiency on the Ethereum blockchain, aligning with Ethereum co-founder Vitalik Buterin’s push for faster transaction confirmation times. A core element of EIP-7732 is the Enshrined Proposer-Builder Separation (EPBS). This process divides block creation between the consensus proposer and the execution proposer. The consensus proposer selects an execution proposer, who then commits

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