Vitalik Buterin proposed increasing the gas limit in Ethereum blocks

The Ethereum network has a gas cap per block, which limits the maximum transaction fee in each block and, accordingly, the number of transactions processed per block. Vitalik Buterin believes that the time has come to increase the gas limit in Ethereum blocks again. Now the figure is 30 million gas, and Buterin proposes to increase it to 40 million gas, that is, by 33%.

When the Ethereum network launched, the gas limit per block was only 3 million, but the limit was raised several times. The last increase in the limit took place almost 3 years ago.

Increasing the gas limit will increase the number of transactions in each block and, accordingly, the throughput of the Ethereum network. However, this also increases the load on equipment and data networks.

At the end of last year, Vitalik Buterin proposed several options to simplify the Ethereum consensus algorithm.

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