TLDR:
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New proposal (EIP-9698) suggests 100x gas limit increase over 4 years.
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Plan could enable Ethereum to process up to 2,000 TPS.
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Gradual increases would allow node operators time to adapt.
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Critics warn of potential risks to decentralization and efficiency.
New Proposal to Boost Ethereum’s Base Layer
Ethereum researcher Dankrad Feist introduced EIP-9698, a proposal to increase Ethereum’s gas limit by 100-fold over four years. The gas limit would grow tenfold every two years under a deterministic schedule, potentially reaching 3.6 billion gas units by 2029.
Scaling Ethereum Without Relying on Layer 2s
Feist’s plan could dramatically boost Ethereum’s base layer transaction capacity to around 2,000 transactions per second (TPS). This would ease Ethereum’s dependence on Layer 2 solutions, reducing network fragmentation and complexity.
Potential Challenges and Risks
The proposal acknowledges risks like increased block propagation delays and greater demands on node operators. However, the gradual increase is designed to give the ecosystem time to adapt. Some critics argue the move could strain decentralization by favoring more powerful validators.
