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Ethereum EIP-7983 Proposal by Vitalik Buterin Aims to Boost Network Efficiency with 16.77 Million Gas Limit per Transaction

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Ethereum EIP-7983 Proposal by Vitalik Buterin Aims to Boost Network Efficiency with 16.77 Million Gas Limit per Transaction

Ethereum co-founder Vitalik Buterin, alongside developer Toni Wahrstätter, has introduced EIP-7983, a proposal to set a dedicated gas limit of 16.77 million for individual transactions. This adjustment is distinct from the overall block gas limit and targets improving the network’s robustness against Denial-of-Service (DoS) attacks. By capping transaction gas, the proposal aims to mitigate issues such as load imbalance, excessive state growth, and delays in block verification, which are often triggered by high gas-consuming transactions.

Additionally, EIP-7983 is designed to enhance the efficiency of zero-knowledge virtual machine (zkVM) operations and support parallel transaction execution. These improvements could contribute to better scalability and performance of the Ethereum network. Currently, the proposal remains in the draft phase, pending further community review and technical validation before potential implementation.

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