On December 18th, the Ethereum Core Developer Conference revealed that it plans to raise the network gas cap from 60 million to 80 million after the BPO hard fork on January 7th, further improving transaction throughput and reducing fees.
Kim, vice president of research at Galaxy Digital, said that Nethermind representatives believe that developers are ready to move forward with this improvement. But Busa, an engineer at the Ethereum Foundation, pointed out that two client side optimizations, the execution layer partial blob response and the consensus layer maximum blob flag, need to be completed first.
Increasing the gas cap can increase the number of transactions and smart contract operations processed per block, which cannot match the speed of L1 such as Solana, but it can strengthen the attractiveness of Ethereum as a secure settlement layer while maintaining the advantages of decentralization.
Ethereum has raised the gas cap three times this year, and the developer community aims to reach 180 million by the end of 2026.
Ethereum expects gas cap to rise to 80 million in January
2025-12-18 02:53:57
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