CoinDesk· Shaurya Malwa·· yesterdayAI score44
Ethereum four-minute finality plan may reduce crypto asset transfer costs
Ethereum’s four-minute settlement plan could lower the cost of moving crypto
AI brief
AI-assisted source summary · not independently verified. Content standards
A new proposal for Ethereum aims to cut the time required for transactions to reach finality to four minutes. If the proposal moves forward, the funds tied up by money transfer service providers during the settlement of customer payments could decrease, thereby reducing the cost of transferring crypto assets; the proposal is currently still in the draft stage.
Source:CoinDesk · coindesk.com