This change was implemented after more than half of the validators supported the adjustment, which was carried out automatically without the need for a hard fork ‘.
The network’s capacity Ethereum To generate more transactions it increased on Monday. It happened after at least 50% of the validators agreed An increase in the gas limit for the first time since the end of 2021and also for the first time in the Merge era of the Network.
The gas limit in Ethereum reached almost 32 million gas units this Tuesday morningwith an expected maximum capacity of 36 million units. The last time a similar milestone happened was in 2021, when the limit went from 15 million to 30 million gas units.
The novelty is that it happened automatically without the need for a ‘Hard fork’ (division in the network).
What does gas imply on the Ethereum network?
The gas in the writing of Ethereum refers to a unit of measure that is used to determine the amount of computational work necessary to execute operations in the Ethereum network, such as intelligent transactions or contracts (Smart Contracts).
It is a fundamental concept for the functioning of the Ethereum blockchain and It is used to ensure that transactions are efficiently processed and that the resources of the network are fairly used.
He Price gas It is the value that a user is willing to pay for each gas unit. This price is measured in GWEI, an Ether subunit (1 GWEI = 0.000000001 ETH).
Miners (or validators in Ethereum 2.0) prioritize transactions with a higher price gas, since they obtain more reward for processing them. This means that at times of high network congestion, users may have to increase their Price gas to make sure their transactions are rapidly processed.
Source: Ambito
