The Ethereum network is set to undergo a significant upgrade with the upcoming second BPO hard fork, scheduled for January 7. This upgrade will raise the gas limit from 60 million to 80 million, a move that aims to improve transaction efficiency and reduce costs for users. The publication provides the following information:
Announcement from Galaxy Digital
Christine Kim, vice president of the research team at Galaxy Digital, announced the news, emphasizing the confidence shown by Nethermind developers Ben Adams and Kamil Chodala during a recent Ethereum All Core Developers call. This hard fork follows the first BPO hard fork on December 9, which successfully increased blob capacity by 66%.
Client-Level Optimizations Required
Ethereum Foundation developer Barnabas Busa pointed out that two client-level optimizations must be implemented before the gas limit increase can take effect. The primary objective of this adjustment is to enhance transaction throughput and lower gas fees, thereby solidifying Ethereum's role as a secure settlement and execution layer in the increasingly competitive blockchain ecosystem.
On December 17, the XRP Ledger Foundation urged node operators to upgrade to the latest version of rippled, highlighting its importance for network security and performance. This update contrasts with Ethereum's upcoming BPO hard fork, which aims to enhance transaction efficiency. For more details, see read more.
