• Dapps:16.23K
  • Blockchains:78
  • Active users:66.47M
  • 30d volume:$303.26B
  • 30d transactions:$879.24M
Ethereum Considering Raising Gas Limit to 150 Million in Fusaka Update

Ethereum Considering Raising Gas Limit to 150 Million in Fusaka Update

user avatar

by Giorgi Kostiuk

a year ago


Ethereum is preparing for a significant upgrade called Fusaka, which may see the gas limit raised to 150 million.

Main Proposal of the Upgrade

The change proposed in EIP-9678, introduced by Sophia Gold from the Ethereum Foundation on April 23, suggests increasing the current gas limit. This proposal was discussed at the recent Ethereum developer meeting.

Impact on Development Efforts

At the All Core Devs Execution (ACDE) meeting, developer Tim Beiko emphasized the importance of the gas limit increase as a flagship feature of the Fusaka release. He remarked that this unconventional proposal follows the path of other precedent-setting initiatives, like EIP-7840.

Future of the Fusaka Upgrade

As testing progresses, developers anticipate the need for additional EIPs to support the increased gas throughput. This may lead to an expansion of the Fusaka upgrade's scope, despite initial plans.

The planned increase in the gas limit is part of ongoing efforts to improve Layer 1 performance and solidify Ethereum's position in the increasingly competitive smart contract landscape.

0

Rewards

chest
chest
chest
chest

More rewards

Discover enhanced rewards on our social media.

chest

Other news

ETH Staking Market Cap Reaches New Heights Amid Bullish Trends

chest

The Ethereum staking ecosystem has seen remarkable growth, with its market cap soaring to $852 billion.

user avatarMiguel Rodriguez

BPI Proposes New Policy for Stablecoin Supremacy in the US

chest

The Bitcoin Policy Institute (BPI) has proposed a new policy for establishing stablecoin supremacy in the US, focusing on enhancing oversight over offshore dollar markets and reducing systemic risks.

user avatarLuis Flores

Saxony May Access Additional 57,000 Bitcoin in Movie2k Case

chest

A proposed court deal in the movie2k case could allow Saxony to access an additional 57,000 Bitcoin, raising concerns about state-controlled supply in the market.

user avatarArif Mukhtar

Ripple and Kyobo Life Insurance Join Forces for Blockchain Bond Settlement

chest

Ripple has partnered with Kyobo Life Insurance to explore Korea's first tokenized government bond settlement on blockchain, aiming to modernize the market and reduce settlement times.

user avatarMaria Gutierrez

Ethereum Price Reclaims Key Cost Basis Level

chest

Ethereum's recent price surge has allowed it to reclaim a key cost basis level, according to on-chain analytics firm Glassnode.

user avatarAndrew Smith

Ethereum MACD Signals Potential Bullish Rally

chest

A crypto analyst has identified a new golden cross in Ethereum's MACD, suggesting a possible price rally.

user avatarDavid Robinson

Important disclaimer: The information presented on the Dapp.Expert portal is intended solely for informational purposes and does not constitute an investment recommendation or a guide to action in the field of cryptocurrencies. The Dapp.Expert team is not responsible for any potential losses or missed profits associated with the use of materials published on the site. Before making investment decisions in cryptocurrencies, we recommend consulting a qualified financial advisor.