#GasFeeImpact
Gas Limit and Fees in Ethereum
The gas limit determines how many transactions can be included in an Ethereum block. Until the fall of 2022, the limit was 30 million gas units per block. After the Merge update (the transition to Proof of Stake), the limit was increased to 36 million, which increased the network's throughput.
This change allows more transactions to be included in a block, which theoretically reduces fees. However, in practice, fees depend on the network load and demand for transactions.
The Merge is a key step in the development of Ethereum, aimed at improving energy efficiency and scalability. In the future, sharding and other solutions are planned to further reduce fees and increase network throughput.
Increasing the gas limit is an important step, but additional updates are needed to solve the Ethereum network's problems in the long term