Ethereum proposes gas limit of 45 million… Network processing speed expected to increase significantly

This article is machine translated
Show original

The increase in Gas Limit for improving the processing speed of the Ethereum (ETH) network is gaining momentum. Recently, some validators participating in Ethereum block production have supported raising the Gas Limit to 45 million units, which has also raised expectations for network scalability and transaction fee improvements.

According to Etherscan as of the 22nd (local time), Ethereum's Gas Limit has exceeded 37.3 million units. This represents approximately a 3% increase compared to levels from a few days ago, with some blocks already proposing even higher limits. This increase is particularly notable as it is the most significant since February this year, when the Gas Limit was adjusted from around 30 million to 36 million units.

The Gas Limit is an indicator that determines the maximum number of transactions that can be included in a block. As the limit increases, the block processing capacity expands, which can lead to improved network processing speed, reduced transaction congestion, and lower fees. The recent increase in computational capacity per block is interpreted as a positive signal for both users and DApp developers.

If this discussion leads to an actual increase in the limit to 45 million units, it could provide a breakthrough for Ethereum's scalability issues. However, technical preparation and internal community coordination are necessary to ensure consensus among network nodes and smooth system operation.

Experts analyze this movement as part of a long-term strategy to enhance scaling performance at the Layer 1 level, and predict that subsequent discussions could significantly impact the market overall.

Get news in real-time...Go to TokenPost Telegram

<Copyright ⓒ TokenPost, unauthorized reproduction and redistribution prohibited>

#Ethereum#GasLimit#BlockchainScalability

Source
Disclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.
Like
Add to Favorites
Comments