Developers Ethereum approved a plan to increase the network gas limit to 60 million during the upcoming Fusaka upgrade.
A participant told about this Ethereum Foundation Director Tim Beiko stated that the decision was made during the All Core Devs Execution (ACDE) #221 meeting.
He also announced that Fusaka’s testnet would begin activation in October, with the mainnet launch expected shortly thereafter. Notably, the developers had previously tentatively scheduled the update for December.
Former Galaxy Digital analyst Christine Kim called the timeline «impressive.» She also clarified that the developers expect Fusaka to improve L1 performance by 33% and L2 throughput by 133% by the end of the year.
Higher gas limits allow for increased transaction throughput and efficiency in both first- and second-layer systems, according to analysts at leading staking provider Everstake.
The upcoming increase in the gas limit is not the first adjustment Ethereum This year, this figure has already grown to approximately 36 million units in February, and then to 45 million in July.