Ethereum Researcher Behind ‘Danksharding’ Proposes Increasing Gas Limits by 100x

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CoinDesk 17h ago

Ethereum Researcher Behind ‘Danksharding’ Proposes Increasing Gas Limits by 100x - CoinDesk

Quick Summary:

A new proposal hopes to increase gas fee limits by 100-fold, which theoretically would bump transactions per second to 2,000 in the coming years.

The proposal comes as Ethereum faces competition from a bloated landscape of blockchains that offer faster settlement times and significantly lower fees, leading to an exodus of financial activity and users to other networks in the past years.

The “danksharding” element of the network’s Dencun update was named after him.