Update
Ethereum’s Four-Minute Settlement Plan
Ethereum researchers have proposed a change to cut the wait time for a transaction to become final from about 16 minutes to roughly four, potentially lowering the cost of moving crypto between blockchains. The initial target is a four-fold improvement, though the design is unfinished and has no activation date. This update aims to make it cheaper for services moving funds off Ethereum to release money immediately, reducing the idle money that costs firms a real cost.