Ethereum draft plan targets fourfold cut in settlement time to four minutes
AI summary
A new draft proposal aims to cut Ethereum's transaction finality time by fourfold, targeting a four-minute settlement window. Faster finality would reduce the capital that money transfer services must tie up while customer payments clear, lowering the cost of moving crypto. Traders would watch this as a potential boost to Ethereum's payments and settlement use cases, though it remains a draft with no implementation timeline.
