Vitalik Buterin endorses raising Ethereum gas limit by 33% to improve network capacity | Headlines | News | CoinMarketCap

01/11/2024 18:11
Vitalik Buterin endorses raising Ethereum gas limit by 33% to improve network capacity | Headlines | News | CoinMarketCap

Ethereum co-founder Vitalik Buterin voiced support for increasing the block gas limit — a move that could enhance the network’s capacity. In a …

Ethereum co-founder Vitalik Buterin voiced support for increasing the block gas limit — a move that could enhance the network’s capacity.

In a Reddit ask-me-anything session, when questioned about the safe increment of the gas limit, Buterin recommended a 33.3% increase, proposing to raise the Ethereum block gas limit from its current 30 million to 40 million units of gas.

If implemented, this adjustment would allow more transactions in each Ethereum block and improve capacity. Buterin stressed that the current gas limit, set at 30 million, has remained unchanged for nearly three years.

The gas limit in Ethereum represents the maximum computational effort that can be expended on processing transactions or executing smart contracts in a single block.

Martin Köppelmann, co-founder of …

Read more --->