Ethereum can increase the gas limit by 100 times

The explorer Ethereum Dankrat Fayst published an EIP-9698, which implies an increase in the network gas limit by 100 times.

As part of the initiative, Ethereum validators will be able to vote for the growth of the indicator according to exponential graphics. The proposal introduces a “deterministic schedule” with a tenfold increase every two years (164,250 eras), starting in June.

If EIP is realized as the Feist offers, this will lead to a 100-fold increase in gas limit in four years-from 36 million to 3.6 billion, as well as accelerating the basic performance of the network.

The change will theoretically allow Ethereum to process up to 2000 transactions per second, said the developer of the ecosystem Fabrice Cheng.

Fayst also mentioned possible difficulties, such as the load on less optimized nodes and an increase in block distribution time. However, he is sure that gradual changes will allow developers to adapt and optimize work.

On April 24, the Ethereum team considered a more than four -fold increase in the gas limit on the network as one of the key features of the planned Fusaka hard fork.

On May 7, an upgrade Pectra is planned. Fusaka activation will presumably take place at the end of 2025.

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Source: Cryptocurrency

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