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Ethereum

Vitalik Buterin’s New Proposal Draws Criticism From Ethereum Devs, Here’s What It Is

Scott Matherson
by Scott Matherson
1 year ago
·
Posted in Ethereum
Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure

Ethereum founder, Vitalik Buterin recently unveiled a new plan to raise ETH’s gas limit. The proposal which aims to introduce substantial solutions to challenges within the ecosystem has been met with criticism from ETH developers.

Ethereum Developers Oppose Gas Limit Increase

Buterin stirred controversy on January 11, by advocating for a 33% increase in Ethereum’s gas limit. Subsequently, the proposal set off heated debates within the ETH community as many developers expressed opposing views to the potential change.

Ethereum’s core developer and team lead, Peter Szilagyi recently shared his views on the proposed gas limit increase via X (formerly Twitter). 

Related Reading: Bloomberg Analyst Reveals Why An XRP ETF Will Not Be Approved In 2024

Posing the question, “What problem does increasing the gas limit solve?” Slilagyi highlighted the major drawbacks associated with raising Ethereum’s gas limit. The ETH developer stated that increasing gas limits would enlarge the state size, and escalate risks of the Denial-of-Service (DoS) attacks. 

Similarly, Ethereum developer, Marius Van der Wijden has expressed his concerns in a blog post explaining “why increasing the gas limit is difficult.”

In 2021, Wijden published an article on LinkedIn, describing the dangers of raising Ethereum’s gas limits. His recent blog post also highlights similar concerns and outlines the risks and worst-case scenarios associated with the change. 

According to the Ethereum developer’s report, elevating ETH’s gas limit could increase missed block rates. Additionally, it could lead to an inflated state size, potentially resulting in slow accessibility and modification of data. 

He revealed that the current space size required by Ethereum is roughly 267GB and an increase in gas limits would lead to a substantial expansion in state size. This poses a challenge as there are no definite methods to mitigate the growing state. 

Wijden pointed out additional risks including prolonged synchronization times and difficulties in building and optimizing a new Execution Layer (EL) client. Regarding worse-case scenarios, the developer discussed adverse effects on ETH’s proof size and instabilities in running clients. 

Ethereum price chart from Tradingview.com

ETH price at $2,600 | Source: ETHUSD on Tradingview.com

ETH Developer Proposes Alternative Solution 

In his blog post, Wijdgen disclosed several alternative solutions to address the challenge of increasing ETH’s gas limits. The Ethereum developer suggested the adoption of regenesis as a short-term solution to manage history growth. 

Related Reading: ‘I Still Own A Bunch Of Dogecoin,’ Tesla CEO Elon Musk Reveals

He also proposed delaying a gas limit increase until the fall out of the EIP-4844, an Ethereum upgrade currently undergoing testing to enhance the storage capacity. Regarding an inflated state size, Wijden revealed that there were no concrete solutions presently available to address the problem.

Concluding his report, the developer advised community members to exercise caution when considering an increase in Ethereum’s gas limits. Additionally, he stressed the importance of understanding the long-term and short-term effects associated with the changes in ETH gas limits. 

Featured image from The Daily Hodl, chart from Tradingview.com
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Scott Matherson

Scott Matherson

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Scott Matherson is a leading crypto writer at Bitcoinist, who possesses a sharp analytical mind and a deep understanding of the digital currency landscape. Scott has earned a reputation for delivering thought-provoking and well-researched articles that resonate with both newcomers and seasoned crypto enthusiasts. Outside of his writing, Scott is passionate about promoting crypto literacy and often works to educate the public on the potential of blockchain.

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