#AbuDhabiStablecoin

🚨📣: Ethereum researcher proposes 100x "exponential" gas limit increase to improve mainnet scaling

Ethereum researcher Dankrad Feist has proposed EIP-9698, which aims to increase Ethereum's gas limit from 36 million to 3.6 billion over four years through a gradual schedule.

The proposal proposes a tenfold increase every two years, potentially allowing Ethereum to process up to 2,000 transactions per second.

Feist acknowledges challenges such as node pressure and block propagation times, but believes that gradual increases will allow for adaptation and improvement.

This proposal comes alongside a separate proposal to raise the gas limit to 150 million by the next Hard Fusaka, reflecting ongoing efforts to address Ethereum's scalability issues.