Transaction throughput on the Ethereum network is about to extend again next month, with developers aiming to extend Ethereum's gas limit from 60 million to 80 million in January.
Christine Kim, vice chairman of the research team at Galaxy Digital, shared a summary of Monday's All Core Developers meeting, where Nethermind representatives said developers ought to be able to move forward with a gas limit increase after the subsequent BPO hard fork on January seventh.
However, Ethereum Foundation developer operations engineer Barnabas Busa identified that before further increasing the block gas limit, two client-level optimizations are needed – namely partial blob responses on the execution level and maximum blob marking on the consensus level.
Source: Christine Kim
Increasing the gas limit directly increases the variety of transactions and smart contract operations that may fit into each Ethereum block, increasing overall throughput while potentially reducing fees.
While increasing Ethereum's gas limit to 80 million cannot match the speed or low price of Layer 1 systems like Solana or Sui, it strengthens Ethereum's appeal as a secure settlement and execution layer without significantly compromising decentralization – which is arguably its biggest advantage over the competition.
Ethereum developers will confirm their plans early in the brand new yr
Attendees on the weekly Ethereum All Core Developers meeting will reconvene on January 5 to verify when the gas limit might be raised following the second BPO hard fork.
On December ninth, the primary BPO hard fork arrived, increasing blob capability by 66%; The second hard fork on January seventh is predicted to extend this value by one other 66%.
Blobs on Ethereum are large blocks of information that store transaction and rollup data off-chain, reducing gas costs and increasing scalability without bloating the network.
Increasing Ethereum’s gas limit has been a priority this yr
Increasing Ethereum's gas limit to expand the network's execution capability has been a serious focus for developers and researchers this yr, with three increases.
The first occurred in early February and increased the number from 30 million to 35 million; the second took place in July and rose to 45 million; and the third took place at the tip of November and reached 60 million.
Source: Anthony Sassano
Members of the Ethereum developer and research community have expressed a shared goal of accelerating the network's gas limit to 180 million by the tip of 2026.
