If implemented, the proposal would reduce time across three key consensus steps: block proposals (3 seconds), attestations (1.5 seconds), and aggregation (1.5 seconds). That would shave 6 seconds off the current 12-second cycle.
Faster blocks mean quicker confirmations, fresher onchain data for wallets and apps, and a more seamless experience for users. For the booming decentralized finance (DeFi) economy, that could translate to tighter arbitrage windows, lower trading fees, and higher liquidity — all of which improve market efficiency.
However, not everyone may benefit. Slower validators could struggle to keep up with tighter deadlines, bandwidth requirements could increase, and poorly tested changes could risk network instability.
The Glamsterdam hard fork is currently in the early planning stages, with a broader focus on gas optimizations and protocol efficiency.
Read more: Ethereum Blockchain Is Useful Technology That 'Deserves Love,' Bernstein Says