Ethereum core developers initiate action aimed at increasing gas fee limits

2024-03-21 12:34:30
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ChainCatcher news, according to Cointelegraph, Ethereum developers have launched a new initiative aimed at raising the long-term static Gas fee limit of the Ethereum blockchain network, stating that this change could help scale Ethereum.

Ethereum core developer Eric Connor and former head of smart contracts at MakerDAO Mariano Conti have launched a new website called "pump the gas," aiming to increase Ethereum's Gas fee limit from 30 million to 40 million, stating that this will reduce Layer 1 transaction costs.

"This could lead to a reduction in Layer 1 transaction costs by 15% to 33%." Connor said in an article on March 19, "We call on independent stakers, client teams, mining pools, and community members to provide assistance."

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