On February 14th, Vitalik Buterin, co-founder of Ethereum, released the latest article "Reasons why the L1 gas limit needs to be raised even in an L2-dominated Ethereum". The article states that an important recent discussion in the Ethereum roadmap is the question of how to increase the L1 gas cap. Recently, the L1 gas cap was increased from 30 million to 36 million, with a 20% increase in capacity. Many support further large increases in the near future. These increases are safe because of recent and upcoming technical improvements: efficiency gains in the Ethereum client, reduced need to store old history due to EIP-4444 (see roadmap), and a future stateless client side.
The article concludes that even in an L2-dominated world, a~ 10x expansion of L1 gas is of significant value. This in turn means that short-term L1 expansion that can be achieved in the next 1-2 years is valuable regardless of the long-term scenario.
Vitalik: The short-term L1 expansion that can be achieved in the next 1-2 years is valuable
2025-02-14 12:50:49
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