Ethereum Gas Limit Increase Boosts Throughput and Reduces Fees

Ethereum's block gas limit has been raised to 45 million units, part of a broader scalability strategy aiming for 150 million units by the Fusaka hard fork.

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Summary

Ethereum's block gas limit has been increased to 45 million units from 36 million, effective at block number 22,968,004. This change is part of the scalability roadmap, targeting a future limit of 150 million units. Developers also implemented EIP-7983 to cap transaction gas limits at 16.77 million units to enhance network stability and prevent denial-of-service attacks.

Terms & Concepts
  • Gas Limit: The maximum amount of gas that can be spent on executing transactions or smart contracts in each block on the Ethereum network.
  • Validator: A participant in the Ethereum network who confirms transactions and maintains the blockchain.
  • Throughput: The number of transactions processed by a network in a given time frame.