Ethereum Foundation researcher Dankrad Feist has proposed EIP-9698 to potentially increase the Ethereum mainnet's gas limit by 100-fold, allowing up to 2,000 transactions per second. The proposal suggests a gradual growth schedule starting in June, with Ethereum clients required to vote for its implementation. Feist aims to establish a predictable gas limit trajectory aligned with hardware and protocol advancements. This increase could position Ethereum to compete with Solana, enhancing its transaction processing capabilities. The proposal follows a recent gas limit raise and aims to address scalability concerns at the base layer. Critics suggest a focus on layer 2 solutions has led to ecosystem fragmentation. Additionally, Ethereum developers are considering a fourfold gas limit increase in the Fusaka hard fork. These efforts signify Ethereum's commitment to improving scalability and performance in the blockchain ecosystem. Read more AI-generated news on: https://app.chaingpt.org/news