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Ethereum researchers propose shortening transaction finality to 4 minutes to reduce cross-chain capital lock-up costs.

Source: www.coindesk.com Event types: Online/Update
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.

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