Ethereum Mulls 33% Gas Limit Boost to Boost Transaction Capacity

The Proposal: Co-founder Vitalik Buterin Suggests 33% Increase in Ethereum’s Gas Limit

Vitalik Buterin, co-founder of Ethereum, has proposed a significant change to the platform’s gas limit. On Thursday, Buterin suggested increasing the gas limit by 33% to enhance Ethereum’s transaction capacity. The gas limit is a key parameter that determines the computational effort required to execute operations on the Ethereum network, such as transactions and smart contracts. By increasing the gas limit, more transactions per block could be accommodated, potentially reducing fees and wait times for users.