#AltcoinETFsPostponed
The Ethereum community is now discussing the idea of gradually increasing the gas limit exponentially over 4 years, reaching 100 times the current figure.
Increasing the gas limit means that the block will accept more transactions, and thus the competition for block space will be less, making transactions cheaper.
Over time, the number of possible transactions in a single block will double, competition for space will decrease, and transaction costs will fall further.
If approved, this will render layer two projects largely insignificant.
