News - Ethereum developers contradict Vitalik Buterin

By Mike Hesp

Ethereum developers contradict Vitalik Buterin

Ethereum (ETH)
Blockchain-Technology

If it were up to Vitalik Buterin, it would have to be Ethereum change. However, developers are calling for caution - and pointing out security risks.

On January 10 suggested Vitalik Buterin to increase the Ethereum gas limit by 33 percent. This would mean an increase to 40 million Gwei. The current gas limit is 30 million Gwei. The last change was in 2021, according to data from Etherscan.

The Ethereum gas limit refers to the maximum amount of gas issued to execute transactions or smart contracts in each block. A gas limit is set to ensure that these blocks do not become too large.

Increasing the gas limit creates more transactions in each block, theoretically increasing overall network throughput and capacity. However, this also increases the potential risk of network spam and DoS attacks.

This problem is addressed by Ethereum developer Marius van der Wijden. By increasing the gas limit, the data charge in the blockchain too big. Storage space is cheap. However, access to it and changes are getting slower.

In addition, higher limits cause longer synchronization times and make it more difficult to set up different applications.

Péter Szilágyi, head of the Ethereum team, highlights the same and adds on X: "If we had solid monitoring [of the gas limit], we could increase by a million Gwei and see what happens." However, such monitoring tools do not yet exist, he adds.

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