Over 150,000 Ethereum validators, representing about 15% of the total network, are signaling their support for increasing the blockchain's block gas limit. This proposal aims to elevate the gas limit to 60 million units, almost doubling it from the current 36 million. Data from gaslimit.pics by researcher Toni Wahrstรคtter backs this initiative. Gas on Ethereum is a measure of computational effort needed for transactions and smart contracts. Raising the gas limit expands the data each block can handle, boosting transaction capacity without requiring a hard fork. When over 50% of validators consent, the limit adjusts automatically. Previously, the gas cap was 30 million, which was increased to 36 million this February. The last major adjustment happened in 2021, jumping from 15 million to 30 million. Despite the benefits, some developers warn that a higher limit may overburden node operatorsโ hardware and disrupt network functionality.
โ What is the Ethereum gas limit?
The gas limit on Ethereum defines the maximum gas a block can consume, determining its transaction capacity.
โ Why increase the gas limit?
Increasing the gas limit allows Ethereum to process more transactions per block, enhancing the network's throughput.
โ Are there risks to increasing the gas limit?
Yes, a higher gas limit might strain node operators' hardware and impact network performance.