gas fees

Ethereum's Gas Cap A Win for the Elite or Everyday Users?

Ethereum's Gas Cap A Win for the Elite or Everyday Users?

Here’s one way to measure the gas limit increase Vitalik Buterin’s EIP-7983 is being proposed to limit Ethereum’s capacity expansion. Is this overkill security, or building a gilded cage for normal users, most especially those from developing nations? We’re told it’s all about stability, about preventing Denial-of-Service attacks. Again, who...

Vitalik's Gas Cap: Genius Move or Ethereum's Self-Inflicted Wound?

Vitalik's Gas Cap: Genius Move or Ethereum's Self-Inflicted Wound?

The Ethereum community has been abuzz with excitement over EIP 7983. Vitalik Buterin’s exciting new proposal would only allow gas limits per transaction of 16.77 million! The stated intentions are noble: bolstering DoS attack resistance, stabilizing the network, and smoothing the path for zkVM integration. Before we start rolling out...

Ethereum's Gas Cap: Will It Empower or Exclude Africa's Blockchain Innovators?

Ethereum's Gas Cap: Will It Empower or Exclude Africa's Blockchain Innovators?

The Ethereum community is all abuzz with excitement over EIP 7983. This proposal by Vitalik Buterin would limit gas limits per transaction to 16.77 million gas. These fundamental objectives are important to Ethereum’s sustainability in the coming years. These objectives involve catering to DoS attacks mitigation, assuring overall network stability,...