Ethereum researcher Dankrad Feist has proposed a plan to increase Ethereum's gas limit by 100x over four years, starting on June 1, 2025.
Proposal for Gas Limit Increase
Feist's plan aims to significantly enhance Ethereum's scalability. If adopted, it could boost Ethereum's throughput to rival high-performance blockchains. The proposal suggests a gradual increase in the gas limit from 36 million to 3.6 billion over four years, emphasizing the importance of predictable growth and client adaptation.
Community Reaction and Implementation Possibility
However, the implementation of this plan hinges on community consensus within Ethereum. Feist, a key contributor to the project, highlights the necessity of broad approval from clients and the community before any proposed changes can be put into action.
Market Impact and DeFi
Following the announcement of the proposal, Ethereum's price hovers around $1,700, showing cautious market reaction. Increased throughput could enhance DeFi capabilities if adopted. Nonetheless, previous gas limit changes raised concerns over node centralization, and analysts predict a mixed impact, stressing the need to maintain network integrity and decentralization.
Dankrad Feist's proposal for a significant increase in Ethereum's gas limit raises important questions about scalability and the future of the network, requiring discussion and broad consensus within the community.
