50%+ of Ethereum validators signal support to increase ETH gas limit
According to Gaslimit.pics, a tracker monitoring validator support for gas limit extensions, 52% of Ethereum validators have expressed approval for raising the gas limit as of February 4. This is the first time since August 2021 that the network’s gas limits have been increased.
Ethereum Price Forecast: ETH drops below $2,800 amid gas limit increase above 30 million units
Ethereum (ETH) is down 7% on Tuesday after validators reached a consensus to increase the network's gas limit above 30 million. Meanwhile, investors have been scooping up ETH since the market crash with rising buying activity across ETH exchange-traded funds (ETFs) and crypto exchanges.
More than 50% of validators signal to increase ETH gas limit
Over 50% of Ethereum validators have signaled support for raising the network’s gas limit, increasing the maximum amount of gas that can be used for transactions in a single Ethereum block. As of Feb.
Ethereum Boosts Transaction Power with First Gas Limit Increase Since 2021
Ethereum (ETH-USD) validators have agreed to raise the gas limit to nearly 32 million units, enhancing the network’s capacity to process more
Ethereum Raises Gas Limits for First Time Since 2021, Boosting ETH Appeal
This change was implemented after more than half of the validators supported the adjustment, which was enacted automatically without the need for a hard fork.
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