Ethereum researchers propose shortening transaction finality to 4 minutes to reduce cross-chain capital lock-up costs.
According to CoinDesk, Ethereum researchers have proposed an upgrade draft that aims to shorten the transaction finality time from the current approximately 16 minutes to about 4 minutes, reducing the capital lock-up costs for cross-chain transfer services. Submitted by Fast Finality Research Coordinator Ben Edgington and others, the proposal remains in the draft stage with no specific implementation timeline yet.