More Than 50% of Validators Support ETH Gas Limit Rise

Reading Time: < 1 minute

More than 50% of the validators on the Ethereum network have shown support for increasing the gas limit. This would result in an expansion of the maximum amount of gas allowed per transaction in a single Ethereum block.

On February 4th, Gaslimit.pics reported that 52% of validators were in favor of this change, exceeding the requirement of at least 50% to scale the layer 1 network.

Validators have the ability to adjust their node settings to show support for the increased limit, allowing the network to scale without requiring a hard fork.

According to Ycharts, the Ethereum average gas limit has been approximately 30 million since August 2021, after it was raised from 15 million. Recent data from Blockscout, a block explorer for various blockchains, shows that the gas limit is already increasing, with a transaction at 3 am UTC displaying a limit of over 33 million.

Follow and like us on
Thehodlernews.com
Privacy Overview

This website uses cookies so that we can provide you with the best user experience possible. Cookie information is stored in your browser and performs functions such as recognising you when you return to our website and helping our team to understand which sections of the website you find most interesting and useful.