• 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

Bitcoin and Ethereum ETFs Experience Major Capital Flows Amid Market Changes

chest

Bitcoin and Ethereum ETFs have experienced significant inflows and outflows influenced by macroeconomic factors and geopolitical tensions, with Bitcoin ETFs seeing a peak inflow of over $4.7 billion on April 6, 2023.

user avatarMaria Gutierrez

XRP and Solana ETFs Face Low Demand Amid Market Volatility

chest

XRP and Solana ETFs are facing low demand due to market volatility, with XRP attracting only $138 million and Solana just $1.169 million in inflows.

user avatarArif Mukhtar

CoW Swap Frontend Compromised, Users Advised to Stay Away

chest

CoW Swap, an Ethereum-based decentralized exchange aggregator, has warned users to avoid its protocol after its frontend interface was compromised.

user avatarDavid Robinson

Tether Launches Self-Custodial Digital Wallet TetherWallet

chest

Tether has launched a self-custodial digital wallet called TetherWallet, supporting USDT, USAT, Bitcoin, and XAUT, aimed at enhancing accessibility for mainstream users.

user avatarAndrew Smith

Senators Near Compromise on Stablecoin Yield Issue

chest

Senators negotiating the stablecoin yield issue are making progress, with a draft compromise expected to be released later this week.

user avatarJacob Williams

Bitcoin Surges Past $75,000 Mark Amid Rising Short Liquidations

chest

Bitcoin's price has risen to over $75,000, marking its highest level since early February, driven by significant short liquidations.

user avatarZainab Kamara

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.