Researcher proposes to increase Ethereum's gas limit by 100 times in 4 years
Dankrad Feist of Ethereum has put forward a four-year plan to increase Ethereum's gas limit by 100 times, theoretically boosting the blockchain's TPS to 2,000.
Theoretically, the gas limit of the Ethereum mainnet could increase 100-fold and reach 2,000 transactions per second according to a new Ethereum Improvement Proposal (EIP) presented by researcher Dankrad Feist from the Ethereum Foundation.
Feist, who named the blockchain's data storage solution "danksharding" after himself, introduced EIP-9698 on April 27, which will introduce a "defined gas limit growth schedule" starting from epoch 369017 or around June 1.
This proposal will gradually increase the gas limit by a factor of 10 over about two years, or 164,250 epochs, when the final increase of ten times will occur.
Feist stated that Ethereum clients will need to vote for this proposal for it to take effect.
He added: "By introducing a predictable exponential growth model as a default for clients, this EIP encourages a sustainable and transparent gas limit trajectory, in line with anticipated advancements in hardware and protocol efficiency."
Since $ETH can sometimes reach 20 TPS in blocks dominated by simple transactions, increasing the gas limit 100 times could theoretically raise ETH's TPS to 2,000. Feist's proposal would better position Ethereum to compete with names like Solana, which is currently handling non-voting TPS from 800 to 1,050 and has a theoretical TPS of 65,000.