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The Crypto World is abuzz with Ethereum's EIP-7781 Proposal, Bitget Wallet's Grass AI Integration, and Plus Wallet's Swift Token Listings

Susan Sarandon
Susan SarandonOriginal
2024-10-12 07:26:20610browse

Ethereum is making waves with its latest proposal, EIP-7781, aimed at turbocharging the system. This update dramatically cuts block times

The Crypto World is abuzz with Ethereum's EIP-7781 Proposal, Bitget Wallet's Grass AI Integration, and Plus Wallet's Swift Token Listings

Bitcoin and altcoin wallet Bitget is integrating Grass AI into its services, allowing users to earn money by lending out their unused bandwidth. The partnership combines crypto and AI, enabling AI model training through the utilization of excess bandwidth.

Grass collects public web data through this bandwidth, which is used to enhance artificial intelligence models. Users can easily connect to Grass via the DApp section of Bitget Wallet, and data security is ensured throughout the process.

Meanwhile, Ethereum is proposing to reduce its block times from 12 to 8 seconds, which could potentially increase the network's throughput by 50%. If approved, decentralized exchanges like Uniswap could operate more smoothly, and layer-2 networks could experience lower fees due to the increased data capacity.

The proposal, known as EIP-7781, was put forward by Ben Adams, co-founder of Illyriad Games. It aims to speed up Ethereum transactions and optimize bandwidth utilization, especially during peak periods of demand. However, the proposal has also raised concerns, particularly among solo stakers who may need to upgrade their hardware to keep up with the faster block times.

Plus Wallet, on the other hand, is focusing on offering fast token listing services and rewarding users for their participation. At the core of its value proposition is the Refer to Earn program, which provides passive income opportunities for inviting new users to the platform.

Additionally, the Swap to Earn feature rewards users for each trade they make, essentially generating a continuous revenue stream from their daily crypto operations. Plus Wallet also boasts a rapid token verification process, which sets it apart from other wallets that typically make users wait for weeks. Instead, Plus Wallet completes the verification and listing in less than 15 minutes, allowing for quick market entry and fast project launches.

To further enhance the user experience, Plus Wallet also includes invoicing tools that facilitate payments in USD and multiple cryptocurrencies, catering to individuals who accept crypto remittances. By combining these features with a strong emphasis on convenience and rewards, Plus Wallet aims to deliver a comprehensive and user-centric platform that maximizes the utility and enjoyment of crypto engagements.

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