tldr; Ethereum’s gas limit increased to over 37.3 million units, with validators signaling support for a target of 45 million. This change boosts transaction throughput, reducing fees and improving network scaling. Ethereum’s transactions per second (TPS) rose to nearly 18, up from 15 earlier this year. The ‘pump the gas’ campaign, supported by 47.2% of validators, aims to further raise the gas limit. Recent network optimizations and increased activity have also contributed to Ethereum’s growth, with Ether prices surging 54% in the past month.
*This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.
skyvina on
its scaling but where is the next hype use case for the network to be tested on?
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ELI5?
tldr; Ethereum’s gas limit increased to over 37.3 million units, with validators signaling support for a target of 45 million. This change boosts transaction throughput, reducing fees and improving network scaling. Ethereum’s transactions per second (TPS) rose to nearly 18, up from 15 earlier this year. The ‘pump the gas’ campaign, supported by 47.2% of validators, aims to further raise the gas limit. Recent network optimizations and increased activity have also contributed to Ethereum’s growth, with Ether prices surging 54% in the past month.
*This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.
its scaling but where is the next hype use case for the network to be tested on?