Ethereum Foundation Researcher Proposes 100X Gas Limit Increase
The post Ethereum Foundation Researcher Proposes 100X Gas Limit Increase appeared on BitcoinEthereumNews.com. Key Notes Ethereum researcher proposes raising gas limit from 36M to 3.6B over four years to boost network capacity. Planned gas limit increase could enable Ethereum to handle 2,000 transactions per second by 2026. Several upgrades, including EIP-4444 and EIP-7886, are being developed to improve Ethereum’s scalability and efficiency. Ethereum ETH $1 791 24h volatility: 0.3% Market cap: $216.23 B Vol. 24h: $12.18 B core developers are considering raising the network’s gas limit far beyond its current level. A new proposal from one of the Ethereum Foundation’s top researchers outlines how that could happen over the next few years. Researcher Pushes for Major Ethereum Gas Limit Increase Dankrad Feist, a core contributor to the Ethereum Foundation, has proposed a substantial increase in the network’s gas limit in a proposal published on GitHub. EIP-9698 outlines a plan to raise the current limit of 36 million to 3.6 billion over the next four years. According to the update, the idea is to increase the limit gradually, roughly ten times every two years. The changes would start as early as June 2025 if approved. Following a set timeline instead of sudden jumps allows the network time to adjust without overwhelming developers or node operators. Ethereum’s base layer could eventually handle about 2,000 transactions per second if everything goes as planned. That is a big change from the 15 to 30 transactions per second it handles today. Feist did not avoid pointing out possible issues. According to him, a higher gas limit means larger blocks. This could slow down block propagation and put more pressure on nodes that are not optimized. However, with more time to prepare and better hardware expected in the future, Feist believes it is a step worth taking. Notably, this proposal builds on recent efforts to increase capacity at the…
The post Ethereum Foundation Researcher Proposes 100X Gas Limit Increase appeared on BitcoinEthereumNews.com.
Key Notes Ethereum researcher proposes raising gas limit from 36M to 3.6B over four years to boost network capacity. Planned gas limit increase could enable Ethereum to handle 2,000 transactions per second by 2026. Several upgrades, including EIP-4444 and EIP-7886, are being developed to improve Ethereum’s scalability and efficiency. Ethereum ETH $1 791 24h volatility: 0.3% Market cap: $216.23 B Vol. 24h: $12.18 B core developers are considering raising the network’s gas limit far beyond its current level. A new proposal from one of the Ethereum Foundation’s top researchers outlines how that could happen over the next few years. Researcher Pushes for Major Ethereum Gas Limit Increase Dankrad Feist, a core contributor to the Ethereum Foundation, has proposed a substantial increase in the network’s gas limit in a proposal published on GitHub. EIP-9698 outlines a plan to raise the current limit of 36 million to 3.6 billion over the next four years. According to the update, the idea is to increase the limit gradually, roughly ten times every two years. The changes would start as early as June 2025 if approved. Following a set timeline instead of sudden jumps allows the network time to adjust without overwhelming developers or node operators. Ethereum’s base layer could eventually handle about 2,000 transactions per second if everything goes as planned. That is a big change from the 15 to 30 transactions per second it handles today. Feist did not avoid pointing out possible issues. According to him, a higher gas limit means larger blocks. This could slow down block propagation and put more pressure on nodes that are not optimized. However, with more time to prepare and better hardware expected in the future, Feist believes it is a step worth taking. Notably, this proposal builds on recent efforts to increase capacity at the…
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