Enhancing Ethereum's Transaction Efficiency
Vitalik Buterin, co-founder of Ethereum, along with researcher Toni Wahrstätter, has proposed EIP-7983, which aims to set a protocol-level cap on transaction gas usage to bolster network security and performance. This proposal suggests a maximum gas limit of 16.77 million for individual transactions.
Implementing this cap is expected to enhance Ethereum's resilience against denial-of-service (DoS) attacks, improve network stability, and provide more predictable transaction costs.
Currently, a single transaction can consume the entire block's gas limit, risking network instability. By capping individual transactions, EIP-7983 aims to distribute gas usage more evenly, reducing the likelihood of block capacity being overwhelmed. The cap also encourages the division of large transactions into smaller ones, improving compatibility with zero-knowledge virtual machines.
Transactions exceeding the limit will be rejected during block validation. The chosen cap balances complexity and performance, accommodating advanced DeFi use cases while minimizing risks. This proposal builds on previous efforts to enhance transaction predictability and aims to simplify Ethereum's architecture for better efficiency.
