Ethereum increases Gas limit for the first time since transitioning to proof-of-stake mechanism

ChainCatcher message, Ethereum has reached a consensus to increase the network's Gas limit, with 50% of validators supporting this change to help enhance the network's scalability. The Gas limit is a key parameter that determines the network's transaction capacity. Previously, the Gas limit cap was 30 million, and it has now surpassed 31 million. Adjustments to the Gas limit require approval from more than half of the validators to take effect, and this adjustment was completed yesterday. Once more than 50% of validators express support, the block Gas limit will automatically adjust without the need for a hard fork.

This is the first time Ethereum has implemented such a change under the Proof of Stake (PoS) consensus mechanism. The last adjustment occurred in 2021, when the Gas limit doubled from 15 million units to 30 million units. According to data from gaslimit.pics, the average Gas limit over the past 24 hours has been 31.5 million units, and it is expected to adjust to a maximum of 36 million units. Although the Dencun upgrade and proto-dank sharding technology have recently improved scalability, increasing the Gas limit remains necessary as the demand and complexity of decentralized applications on Ethereum grow.