PANews, July 21 - According to The Block, validators representing nearly half of the staked Ether support the "increase gas limit" initiative. With this push, the gas limit for each Ethereum block has started to rise, which will enhance the transaction throughput of the Layer 1 Blockchain. On Sunday afternoon, several blocks proposed setting the gas limit to over 39 million units, an 8% increase from the previous 36 million, marking the first increase from 30 million in three years. Proponents of the "increase gas limit" initiative believe that raising the limit too much could make the chain too large, complicating the verification and download processes for individual node operators. However, they argue that gradual increases are reasonable as technology advances. Once validators express a desire to raise the block limit, that limit will automatically rise, with each block able to adjust its limit to about 0.1% of the total amount of the previous block. According to gaslimit.pics, currently about 48% of clients running staked Ether have set a gas limit target of 45 million units or higher. Ethereum co-founder Vitalik Buterin mentioned this move in an X post, stating: "Nearly 50% of staked shares voted to raise the Layer 1 gas limit to 45 million." He also praised the recent Geth version update, which reduces the storage capacity of archive nodes by about 90%, calling it "the hard work of the Geth team recently, making such scaling improvements safe and feasible."

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Muzi168vip
· 07-21 01:38
Quick, enter a position! 🚗
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