Base Plans Major Gas Target Increase to 10Mgas/sec on Ethereum Layer 2 Network

• The Ethereum Layer 2 network, Base, is planning to increase its gas target from 9.375Mgas/second to 10Mgas/second, aiming to enhance transaction speeds.
• This move is intended to provide a more efficient and attractive environment for developers to build on the platform.
• Recently, Base achieved a significant milestone by processing 50 transactions per second for the first time.

Discover how Base’s gas target increase promises to improve its network speed and efficiency, fostering innovation and attracting developers.

Base Plans to Elevate Its Gas Target

Base, a layer 2 network on Ethereum, has revealed its intentions to boost its gas target to double-digit figures, specifically to 10Mgas per second, from the current 9.375Mgas/second. This update is projected to be implemented on July 30th. As stated in a recent post by Jesse Pollak, a prominent Base builder, this enhancement is a strategic move to offer better performance and efficiency, thereby making the platform more appealing to developers.

Impact on Network Performance

The anticipated upgrade will follow recent successes in increasing the gas target incrementally, stepping up from 8.75Mgas/sec to 9.375Mgas/sec. The enhancements in gas targets have already positively impacted the network, with Base recently achieving a groundbreaking 50 transactions per second (TPS) for the first time. This increment marks another pivotal moment for the network as it continues to scale.

Strategic Goals and Developer Attraction

The initiative to push the gas target higher stems from Base’s strategic vision to foster a more vibrant and efficient ecosystem. By increasing the number of transactions that can be processed per second, the network reduces latency and enhances performance. These improvements are particularly crucial for attracting developers who demand high performance and scalability for their applications.

Checklist for Node Operators

In preparation for this upgrade, Base has issued a checklist for node operators to ensure they are ready for the expected increase in activity. Operators are advised to monitor their CPU and disk I/O as well as upgrade to NVMe SSDs to handle better throughput. Enhancing CPU performance with a focus on single-core speed is also recommended to maintain network integrity and performance amidst growing activity.

Future Outlook and Benefits

The proposed upgrade aligns with Base’s broader objective of boosting innovation and economic freedom within the crypto ecosystem. By easing the load on the network and enabling more robust transaction processing capabilities, Base aims to provide an unmatched environment that facilitates cutting-edge developments in blockchain technology. This forward-looking approach is likely to generate increased interest and investment in the network, further driving adoption and growth.

Conclusion

The planned increase in Base’s gas target represents a significant step towards enhancing the network’s efficiency and appeal to developers. As Base continues to evolve by hitting new performance milestones, it solidifies its position as a competitive and forward-thinking layer 2 solution on Ethereum. Stakeholders can look forward to further innovations and improvements as the network scales to meet rising demands.