Galaxy Research, a subsidiary of Galaxy Digital Holdings, engaged in discussions regarding the increase of Ethereum’s gas limit. Since January, developers have indicated the necessity of implementing this change to the main network. Vitalik Buterin, one of Ethereum’s co-founders, supports a 33% increase in the limit. However, Galaxy Digital aims to consider additional factors before proceeding with this adjustment.
Is Now the Right Time for Ethereum Gas Limit Increase?
According to Christine Kim from Galaxy Research, supporting arguments were presented at a recent Ethereum $4,001 developer conference. Marek Moraczyński from Nethermind provided data-driven research showing why the increase is justified and safe for the protocol.
Kim stated, “The block gas limit will not affect the blockchain.” Many studies emphasized that claims of overload with increases above 25% are unfounded.
On the other hand, Christine Kim suggested that “it is likely that this c...