Vitalik Buterin Urges 33% Increase in Ethereum Gas Limit

Vitalik Buterin proposes gas limit increase to boost Ethereum network

During an Ask-Me-Anything (AMA) session on Reddit, Ethereum co-founder Vitalik Buterin suggested raising the Ethereum gas limit to 40 million in order to improve network throughput. The gas limit determines the maximum amount of gas that can be spent on executing transactions or smart contracts in each block. Buterin noted that the gas limit has not been increased for nearly three years, which is the longest duration in the protocol’s history. He advocated for a “modest” increase in the gas limit, stating that it would be reasonable to do so at this point.