🚀 Ethereum Validators Signal Support for Gas Limit Increase
📊 Key Update:
Validators signaling for a gas limit above 30M rose to 10% on
Dec. 19, up from just over 1% before December.Community
advocates for a raise to 36M to lower transaction fees and
improve network usability.
💡 Potential Benefits:
Lower Transaction Fees:Raising gas limits could reduce layer-1 fees by 15%-33%, per Ethereum developer Eric Connor.
Improved Developer Experience:Current limits hinder high-
demand app deployment; increased gas limits offer devs more
flexibility.
🛠️ Community Efforts:“Pump The Gas” campaign launched in
March by Eric Connor and Mariano Conti to push for 40M gas
limit.Ethereum researcher Justin Drake supports a 20%
increase, calling it a safe adjustment.
⚠️ Risks of Higher Gas Limits:
Stability & Security Concerns: Higher limits could challenge
decentralization by making the chain harder for solo validators
to manage.Core Ethereum Goal: Must balance scalability with
decentralization to avoid long-term risks.
🌐 Outlook:
Advocates emphasize gradual increases to avoid "unexpected
externalities."Ethereum's evolution continues as the network
balances growth with security.
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