Ethereum developers Eric Connor and Mariano Conti have put forward a proposal to elevate the gas limit on the Ethereum network from its current 30 million to 40 million. The primary aim behind this proposed adjustment is to potentially alleviate the burden of high transaction costs on the network’s layer 1.
By increasing the gas limit, Connor and Conti suggest that transaction costs could see a notable reduction, ranging between 15% to 33%. In addition to this fundamental change, the proposal encompasses other adjustments, such as augmenting the blob count and implementing EIP-7623. These proposed modifications collectively aim to optimize the efficiency and affordability of transactions on the Ethereum blockchain.
Pump the Gas” Initiative Launched
In response to the proposal for a gas limit increase, Eric Connor and Mariano Conti have taken the initiative to launch the “pump the gas” campaign. Acting as proponents of this movement, they seek to galvanize support from various s
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