Ethereum researchers propose to increase the gas limit by 100 times to improve the main networks scalability

CoinRank News: Ethereum researcher Dankrad Feist proposed gradually increasing Ethereums gas limit by a hundred times in the Ethereum Improvement Proposal (EIP-9698) released on Sunday. According to the proposal, Ethereum clients will vote to increase the gas limit according to an exponential growth plan. The proposal introduces a deterministic gas limit growth plan that will increase tenfold every two years (164,250 block cycles) and is scheduled to be implemented from June 2025. If the proposal is implemented as Feist suggests, the gas limit will increase 100 times in the next four years, from the current 36 million to 3.6 billion, greatly improving the performance of the Ethereum main network. Feist acknowledged that there are potential challenges, such as pressure on less optimized nodes and increased block propagation time, but he believes that the gradual increase will give node operators and developers time to adapt and optimize. Ethereum ecosystem developer Fabrice Cheng said that this change will theoretically increase Ethereums transaction processing speed to 2,000 transactions per second. (The Block)