EIP-1559 co-authors call for raising Ethereum gas limit, launch "Pump the gas" campaign

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EIP-1559 Co-authors Call for Gas Limit Increase

Developers and EIP-1559 co-authors Eric Connor and former Smart Contract Engineer at MakerDAO, Mariano Conti, launched a new website "Pump the gas" on March 20.

The initiative aims to advocate for raising the Ethereum Gas limit from 3,000 to 40,000, aligning with Vitalik's earlier proposal this year.

Reddit AMA｜Vitalik Buterin Calls for Gas Limit Increase to Boost Throughput

Eric Connor's tweet states their efforts to push this forward, emphasizing that it could reduce Ethereum transaction fees by 15-33%, and calls on independent stakers, client teams, mining pools, and community members to join the cause.

Today, @nanexcool and I are launching an effort to help raise the Ethereum gas limit from 30mn to 40mn

This can result in a 15-33% reduction in L1 tx fees

We are calling on solo stakers, client teams, pools and community members to help#pumpthegas https://t.co/TYoyI35cle

— eric.eth (@econoar) March 19, 2024

Pump the gas

The website points out that the Dencun upgrade introduces proto danksharding to provide blob storage space, reducing the cost of L2 data availability DA construction on the Ethereum mainnet.

However, this does not reduce costs on the mainnet L1, and the combination of blob and raising the Gas limit helps to scale both L1 and L2 simultaneously.

Not everyone agrees with the Gas limit increase. Ethereum advocate Evan Van Ness stated that it may not be suitable at this stage.

Prior to this, Ethereum core developer Marius Van Der Wijden also explained in a lengthy post that increasing Ethereum's block capacity would bring many other risks and requires careful consideration.

Core Developer: Adjusting block space size requires consideration of multiple factors, and Gas Limit is by no means a parameter that can be adjusted casually.