Vitalik Buterin proposes calldata limit per block to lower ETH gas costs

Vitalik Buterin on a court with a racket Blockchain

Vitalik Buterin proposes calldata limit per block to lower ETH gas costs

Buterin issued a decrease-cost-and-cap proposal that aims to reduce unprecedented levels of strain and risk breaking the network.

Ethereum co-founder Vitalik Buterin has proposed a new limit on the total transaction calldata in a block to decrease the overall transaction calldata gas cost over the ETH network. 

Buterin’s post on the Ethereum Magicians forum, EIP-4488, highlights concerns regarding high transaction fees on layer-one blockchains for rollups and the considerable amount of time to implement and deploy data sharding:

Buterin issued a decrease-cost-and-cap proposal, which aims to achieve the goal of reducing unprecedented levels of strain and risk breaking the network, and believes that “1.5 MB will be sufficient while preventing most of the security risk.” As for advice to the Ethereum community, he wrote:

Rate article
( No ratings yet )
FORECRYPTO