Vitalik Buterin Proposes Limiting Ethereum Transaction Gas to Enhance Network Security and Performance
The post Vitalik Buterin Proposes Limiting Ethereum Transaction Gas to Enhance Network Security and Performance appeared on BitcoinEthereumNews.com. Ethereum is set to enhance its network stability with the introduction of EIP-7983, a proposal designed to cap the gas consumption of individual transactions. This protocol adjustment aims to prevent single transactions from monopolizing network resources, thereby improving overall transaction predictability and security. According to COINOTAG, Ethereum co-founder Vitalik Buterin emphasizes that the 16.77 million gas cap balances support for complex smart contracts while mitigating denial-of-service risks. Ethereum’s new EIP-7983 proposal limits transaction gas to 16.77 million, enhancing network security and efficiency by preventing resource monopolization. ‘, ‘
The post Vitalik Buterin Proposes Limiting Ethereum Transaction Gas to Enhance Network Security and Performance appeared on BitcoinEthereumNews.com.
Ethereum is set to enhance its network stability with the introduction of EIP-7983, a proposal designed to cap the gas consumption of individual transactions. This protocol adjustment aims to prevent single transactions from monopolizing network resources, thereby improving overall transaction predictability and security. According to COINOTAG, Ethereum co-founder Vitalik Buterin emphasizes that the 16.77 million gas cap balances support for complex smart contracts while mitigating denial-of-service risks. Ethereum’s new EIP-7983 proposal limits transaction gas to 16.77 million, enhancing network security and efficiency by preventing resource monopolization. ‘, ‘
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