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Ethereum Miners Voted to Increase Block Gas Limit; Community Views Split

Yiran Dai

Summary: Austria-based blockchain company BitFly tweeted that Ethereum miners voted to increase the Block Gas Limit from 10 million to 12.5 million, which means the network can now process at most 44 transactions per second, an increase of 9 more transactions each second.

Austria-based blockchain company BitFly tweeted that Ethereum miners voted to increase the Block Gas Limit from 10 million to 12.5 million, which means the network can now process at most 44 transactions per second, an increase of 9 more transactions each second.

Cointelegraph reported that the Ethereum community has divergent views towards the increase. As Anton Bukov, CTO of 1inch, said, “operations that cost little gas but require a lot of resources may be used to attack node.”

Gas is a unit of computational effort consumed for transactions and other activities on the Ethereum blockchain.

By Yiran Dai

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Link: Ethereum Miners Voted to Increase Block Gas Limit; Community Views Split   [Copy]
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