Ethereum's 'Invisible Expansion' Holds Secrets! 150,000 Validators Rally Together, Is Solana Feeling Nervous?
Ethereum is about to do something big! 150,000 validators suddenly raised their hands in support of doubling the block gas limit from 30 million to 60 million! What does this mean? Without a hard fork, Ethereum L1's transaction throughput can take off right where it is! What kind of ambition is hidden behind this 'invisible expansion'? How will it compete with Solana, known for its speed?
The block gas limit essentially determines how many transactions can fit into each Ethereum block. Doubling this limit is akin to expanding a highway from four lanes to eight lanes; traffic jams? Not a chance! Especially during peak times like NFT purchases and DeFi arbitrage, the user experience will be significantly enhanced.
Although gas fees won't immediately drop, with the capacity doubling, more people can crowd into Ethereum at the same time without needing to scramble for transaction slots. This is a boon for applications running directly on L1, such as DeFi and NFT markets, like a refreshing rain after a long drought!
The number of Ethereum validators has already surpassed the 1 million mark! In this upgrade, 150,000 validators have publicly expressed their support, making this a true 'national referendum' in the decentralized world. In comparison, Solana has only 1,400 validators; while it's fast and low-cost, you know the difference in decentralization.
No need for a hard fork: users and developers experience it seamlessly, the upgrade feels as natural as breathing.
L1 Expansion + L2 Parallelism: Ethereum L1 is strengthening itself while continuing to leave space for Rollups and L2, attacking from both sides.
DeFi, NFTs, and dApps can directly take off on L1, enhancing user experience without sacrificing decentralization.
This Ethereum upgrade is like adding an elevator to an old building: no demolition, no reconstruction, but living more comfortably. 150,000 validators have proven through action that decentralization is worth the wait. Solana may be faster today, but Ethereum is laying the foundation for the next decade.
Decentralization has never been an overnight success. Ethereum is demonstrating what 'long-termism' truly means through its actions.