Ethereum Proposal EIP-8198 Gains Support to Reduce Block Time to 10 Seconds

The Ethereum community is advancing the EIP-8198 "Quick Slots" proposal, which aims to refactor the network to remove the fixed 12-second block time assumption. The plan involves reducing L1 block times to 10 seconds initially, with potential for further reductions based on network conditions. Projects including DeFiLlama, Lido, Ethena, and infrastructure teams like Flashbots support the change, noting that shorter slots could improve DEX pricing efficiency, LP yields, and user experience without significantly compromising decentralization or validator participation.