10% of Ethereum Validators Support Gas Limit Increase

Source
YM Lee

Summary

  • It was reported that the percentage of validators supporting the increase in Ethereum gas limit has risen to 10%.
  • The increase in validators suggests that network transaction fees might become cheaper.
  • A rapid increase in the gas limit could pose risks to the chain's stability and decentralization.

The percentage of validators expressing support for increasing the gas limit on the Ethereum (ETH) network has risen to 10%.

According to a report by Cointelegraph on the 19th (local time), the proportion of validators supporting a proposal to increase the maximum gas limit allowed for transactions included in Ethereum blocks has increased to 10%. This is a significant change compared to last month when only 1% of validators supported it.

If the gas limit on the Ethereum network increases, it is expected that network transaction fees will become cheaper. However, raising the gas limit too quickly could pose risks to the stability and decentralization of the Ethereum chain.

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YM Lee

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