The two co-founders of Ethereum propose a gas limit for each transaction of 16.77 million to enhance network performance and minimize attacks.
The EIP-7983 proposal aims to improve DoS resistance, load balancing, and optimize compatibility for zkVM along with parallel execution on the Ethereum network.
MAIN CONTENT
The transaction gas limit is set at a fixed 16.77 million regardless of the block gas limit.
The goal is to reduce uneven load and latency in block validation due to high gas transactions.
Optimize performance for zkVM and ability to execute in parallel.
How does Ethereum EIP-7983 propose the transaction gas limit?
The EIP-7983 proposal redefines the gas limit at a fixed rate of 16.77 million for a transaction, separate from the block gas limit.
Vitalik Buterin and Toni Wahrstätter, the two founders of Ethereum, believe that this limit will help the network remain stable when handling complex transactions, unaffected by the gas capacity of each block. This is expected to minimize congestion and enhance user experience.
Why is a fixed gas limit needed for each transaction on Ethereum?
The fixed gas limit helps the network resist denial-of-service (DoS) attacks and improves load balancing, limiting network state bloating and reducing block validation time.
According to a report by Vitalik Buterin in 2024, the instability caused by large gas transactions can severely impact the performance and security of the blockchain, thus a separate gas limit is a necessary solution.
"A fixed gas limit for each transaction will support Ethereum in maintaining stability amid increasing computational demands."
Vitalik Buterin, Founder of Ethereum, 2024
How will this proposal affect zkVM and parallel execution?
EIP-7983 is designed to increase compatibility and processing efficiency of zkVM, one of the important scaling solutions for Ethereum.
The implementation of a fixed gas limit helps zkVM operate more efficiently by minimizing errors in gas computation and supporting parallel execution, enhancing processing speed and scaling the network.
"Improvements in gas limits are a key step to unlock the potential of technologies like zkVM in scaling blockchain."
Toni Wahrstätter, Co-founder of Ethereum, 2024
What stage is EIP-7983 in and when will it be deployed?
Currently, EIP-7983 is in the discussion and drafting stage. Ethereum developers are still researching and testing to evaluate the impact before officially deploying it to Mainnet.
The approval process is expected to go through multiple rounds of feedback from the community and technical experts, with implementation planned for upcoming network updates to ensure safety and efficiency.
What are the real impacts of the fixed gas limit on the Ethereum network?
It is expected that the gas limit allows for more complex transactions without putting pressure on the block gas limit, helping to reduce congestion and optimize transaction costs for users.
Specifically, it supports the development of decentralized applications that require high computation such as DeFi and NFT, while increasing the network's resilience to cyber attacks.
Comparison table of current gas limits and proposed EIP-7983
Current Criteria EIP-7983 (Proposal) Gas limit per transaction Dependent on block gas limit (~30 million gas/block) 16.77 million gas fixed, independent of block limit DoS resistance Low, vulnerable to large transactions Higher due to clear limits for each transaction Block validation performance Slower due to network state bloating More optimized, reduced latency in block validation zkVM compatibility and parallel execution Not fully optimized Significant optimization for zkVM and running in parallel
Frequently asked questions about EIP-7983 and gas limits on Ethereum
What is EIP-7983?
It is a proposal to set a fixed gas limit of 16.77 million for each transaction, aiming to improve the efficiency and security of the Ethereum network.
How will a fixed gas limit affect transaction costs?
Helps balance the load and mitigate high gas fees due to congestion, facilitating more complex transactions.
Does this proposal affect DeFi and NFT applications?
Yes, it helps improve performance and reduce transaction confirmation times for applications that require significant computation.
When will EIP-7983 be officially deployed?
Currently in the drafting and discussion stage, it is expected to be implemented in future updates after thorough testing.
How does a fixed gas limit help prevent DoS?
By limiting the maximum gas amount per transaction, the network avoids lengthy overload transactions that cause congestion and attacks.
Source: https://tintucbitcoin.com/eip-7983-nang-cao-chong-dos-ethereum/
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