• Dapps:16.23K
  • Blockchains:78
  • Active users:66.47M
  • 30d volume:$303.26B
  • 30d transactions:$879.24M

Ethereum to Raise Gas Limit: Over 50% of Validators in Favor

user avatar

by Giorgi Kostiuk

a year ago


Over 50% of Ethereum validators have expressed support for the gas limit increase, enhancing blockchain scalability without the need for a hard fork.

Support for Gas Limit Increase

As of February 4, Gaslimit.pics shows that over 52% of validators have voted in favor of raising the gas limit, surpassing the required 50% threshold to scale the network without a hard fork. The average Ethereum gas limit has been around 30 million since August 2021.

Consequences and Next Steps

Data from Blockscout shows the gas limit is already rising, reaching over 33 million. This is the first increase after the Proof-of-Stake upgrade and the Merge in September 2022. Ethereum co-founder Vitalik Buterin is calling for the Pectra fork, planned for March, to increase the data blob target to six.

Debates and Risks Insight

The Ethereum community has had heated debates on the gas limit increase's advisability. Some argued that raising it to 36 million would enhance network capabilities, while others warned of potential stability and security risks if the limit was increased excessively.

The initiative to increase Ethereum's gas limit is actively ongoing. Despite significant validator support, discussions about potential risks continue.

0

Rewards

chest
chest
chest
chest

More rewards

Discover enhanced rewards on our social media.

chest

Other news

Bitcoin Mining Difficulty Set to Increase

chest

The Bitcoin network is expected to see a difficulty adjustment, increasing by approximately 4.17% due to faster block times.

user avatarArif Mukhtar

Upcoming US Inflation Data Could Impact Bitcoin Prices

chest

Analysts are closely watching the upcoming core PCE figure for March, which is set for release on April 9. Should this number come in above the 3.1% increase recorded in February, analysts anticipate a further decline in expectations for policy rate cuts, which could place additional downward pressure on Bitcoin prices.

user avatarMaria Gutierrez

Ethereum Approaches Critical Price Levels Amidst Market Compression

chest

Ethereum is nearing the $2,000 level as price action compresses, indicating a potential breakout or breakdown.

user avatarDavid Robinson

Solana Price Faces Downward Pressure Amid Market Sentiment Shift

chest

The Solana price is struggling below key resistance levels as market sentiment turns bearish following Trump's address.

user avatarAndrew Smith

Dogecoin Bollinger Bands Indicate Potential Volatility

chest

A cryptocurrency analyst has pointed out that the Bollinger Bands are squeezing on Dogecoin, suggesting that volatility may be coming for the memecoin.

user avatarZainab Kamara

PEPE Memecoin Shows Signs of Trend Exhaustion

chest

PEPE Memecoin shows signs of trend exhaustion as the Tom Demark TD Sequential indicates a potential upward move after a bearish trend.

user avatarJacob Williams

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.