Ethereum researcher Dankrad Feist announced a four-year plan to increase Ethereum's gas limit by 100 times. This ambitious initiative aims to boost Ethereum's transactions per second (TPS) to 2,000, significantly enhancing its scalability and performance.
The plan aims to improve Ethereum's efficiency, paving the way for a more robust and faster network to meet the growing demands of the cryptocurrency space.
Ethereum Returns to Layer 1 Scaling
The Ethereum EIP-9698 proposal seeks balanced development between L1 and L2, planning to phase in a 100-fold increase in gas limits over four years. This will significantly increase transaction volume, alleviate network congestion, lower transaction costs, and enhance processing capacity to 2000 TPS.
Expansion Challenges
Increasing the gas limit presents technical challenges, such as increased pressure on node operation and extended network propagation times. The EIP-9698 proposal is closely related to Ethereum's technical roadmap and requires coordination with future upgrades. This proposal focuses on layer 1 scaling, seeking a balanced development between L1 and L2 to address the needs of decentralized applications. If successfully implemented, it will have a profound impact on Ethereum's performance and ecosystem.
