Ethereum core developers are making big moves again! The latest meeting revealed several key upgrades that could directly impact your transaction costs and mining rewards. As usual, let's break down the technical stuff in plain language 👇
📈 Will the Gas Limit rise? Transaction fees may be cut again.
- Currently, the Gas limit per block is capped at 36 million (36M), like a crowded subway during rush hour.
- The new proposal suggests raising the limit before the Fusaka upgrade, effectively adding more cars to the subway.
- Good news: L2 transfer fees may decrease again, making meme coins even crazier.
- Risk: Small miners may find it harder to survive, with higher hardware requirements.
💻 Is EVM retiring? Is RISC-V taking over?
- Tech enthusiasts propose replacing the current EVM virtual machine with RISC-V chip architecture.
- Advantages: Higher operational efficiency, enabling more complex smart contracts.
- Drawback: It’s like Android suddenly switching to HarmonyOS; existing DeFi protocols may be collectively confused.
- Currently, it's more likely to be minor tweaks, after all, the hundreds of billions in DeFi funding can't withstand too much turbulence.
🛠️ Other valuable updates
1. Optimizing the pricing mechanism for Blob transactions to prevent Gas fees from surging and plummeting like MEME coins.
2. The Sepolia testnet will delete historical data to simulate 'slimming down' the mainnet.
3. The EOF upgrade continues to advance, making smart contracts more 'modular'.
💸 Impact on retail investors
- Short-term: A drop in Gas fees may spur a new wave of meme coin activity.
- Long-term: Ethereum is walking a tightrope between **performance upgrades and ecological stability.
Do you support an increase in Gas Limit?
Is a major change like RISC-V worth the risk?
We look forward to your insights in the comments!
#EthereumUpgrade #GasFees #EVM #Blockchain #BinanceSquare
（Tip: Bookmark this article, and check back next time when gas prices spike to see if the prediction was accurate 😉）