Ethereum’s four-minute settlement plan could lower the cost of moving crypto
Summary
A proposed Ethereum update aims to significantly reduce transaction finality times. This change could decrease capital costs for money transfer services by speeding up how quickly customer payments clear.
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.
Source: Read the full story at CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data
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