The Ethereum network is now operating with a 60 million block gas limit, a unique achievement as it has doubled its capacity in just one year. This advance, driven by strong community pressure and clear validator support, was explained by an Ethereum Foundation member, highlighting the network’s maturity to handle greater block activity.
Future Growth and Strategic Adjustments
This progress not only reflects the asset’s technical capability but also lays the groundwork for future expansions. Vitalik Buterin, co-founder of Ethereum, intervened with a more nuanced vision, anticipating more “targeted and less uniform” growth for the coming year. This would involve the possibility of increasing the gas limit up to five times, but also making certain operations more expensive to safeguard the network from congestion and ensure its long-term stability.
Implications for Stakeholders and Network Evolution
Looking ahead, Ethereum is expected to continue adjusting its capacity to ensure optimal performance during periods of high demand. All stakeholders are involved; users could experience smoother transactions, while developers will need to optimize their code for efficiency. Validators, for their part, must stay updated with changes in gas limits as the network evolves towards smarter, more intentional growth, prioritizing durability.