Ethereum to ramp up gas limit as Pectra progresses – Blockworks
Ethereum is set to increase its gas limit as the Pectra project moves forward. This decision comes as Ethereum continues to make progress in the blockchain space. Gas limits are important in determining the amount of computational work that can be done on the Ethereum network. By increasing the gas limit, Ethereum aims to improve scalability and allow for more transactions to be processed efficiently. This development is a positive sign for the Ethereum community as it shows the platform’s commitment to staying competitive and adapting to the growing demands of the market.