Ethereum Block Gas Limit Doubles to 60M, Driven by Scaling Efforts
Ethereum’s latest block gas limit hike to 60 million marks its highest capacity in four years, furthering network scalability after a year-long validator-backed initiative.
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Summary
Ethereum increased its block gas limit from 45 million to 60 million units, reaching its highest level in four years. The upgrade was supported by a majority of validators and is part of a year-long effort to enhance network scalability, aiming to boost transaction throughput and accommodate higher on-chain demand.
Terms & Concepts
- Block gas limit: The maximum amount of computational effort, measured in gas, that can be included in a single Ethereum block.
- Scaling: The process of improving a blockchain network's capacity to handle a larger volume of transactions.