Ethereum continues to evolve: The new EIP-7983 proposal from co-founder Vitalik Buterin and researcher Toni Wahrstätter introduces a gas usage limit for transactions.
Overview of EIP-7983
The EIP-7983 proposal introduces a protocol-level limit on gas usage, setting the maximum at 16.77 million gas (2^24). This change aims to enhance the network's resilience against Denial of Service (DoS) attacks and improve network stability.
Benefits of the Implementation
One of the main advantages of the new proposal is the reduction in the risk of DoS attacks. Transactions exceeding the 16.77 million gas limit will be deemed invalid and excluded from the transaction pool. This will also contribute to a more even distribution of workload during parallel transaction processing.
Details and Implications
Key details of the proposal include aspects regarding the validity checks of transactions and blocks. Transactions that exceed the set limit will be rejected, and blocks containing such transactions will also be considered invalid. Additionally, this limit is not directly related to the block gas limit, allowing blocks to potentially utilize a higher total gas limit.
The EIP-7983 proposal marks an important step in the development of Ethereum, and its implementation has the potential to significantly enhance the reliability and predictability of transactions within the network.
