Neo Council passed a network proposal cutting Neo N3 block time to 3 seconds and reducing GAS issuance to 1 GAS per block, clearing the 11-vote quorum with 13 of 21 votes. The changes activate on mainnet today and aim to tighten transaction finality while stabilizing token economics. On-chain execution is already confirmed and governance details are tracked at neo3scan.com.

TLDR by @Benthic

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