Ethereum Set for 3x Capacity Boost, What It Means for Fees
Ethereum Ethereum Set for 3x Capacity Boost, What It Means for Fees According to Hasu, a Lido advisor, following the Glamsterdam upgrade, Ethereums gas limit will increase significantly from the current 60 million to nearly 200 million. This implies that L1 execution capacity will increase by more than 3x and is expected to double again shortly thereafter. Ethereums next major upgrade, Glamsterdam, includes a number of Execution Layer (EL) gas repricings, calibrating costs to better match resource usage at higher throughput. EIP-8037, the state-creation gas cost increase, is at the center, raising the price of writing new state so that a higher gas limit does not result in unbounded state growth. You Might Also Like Adam Back Defines Best Defense to Quantum Risk, Ripple CTO Emeritus Shows Rare Support to XRP Meme Coin, Barry Silbert Co-Signs $1,000 Zcash (ZEC) Prediction – Morning Crypto Report Bitcoiners Agree Satoshis Coins Must Remain Untouched In his tweet, Hasu pointed out that, assuming no equivalent surge in network demand, Ethereum mainnet gas fees are likely to remain near zero for the next few years. A fact I feel like almost nobody knows: Ethereums gas limit will be increased to ~200M after Glamsterdam, a huge increase from the 60M we have today. Thats a