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Ethereum Set for Major Security Upgrade as Vitalik Buterin Proposes Gas Limit Rule

  • Vitalik Buterin proposes introducing a cap on gas limits in Ethereum to enhance network security and efficiency.
  • The proposal under Ethereum Improvement Proposal (EIP) 7983 suggests setting a cap of 16,777,216 gas units per transaction to balance performance and security.
  • The new gas limit proposal aims to prevent DoS attacks and improve network stability by rejecting transactions that exceed the set cap, leading to faster execution and fairer resource distribution.
  • The proposal is open for feedback on GitHub and may undergo refinements based on community input before implementation, impacting mainly large contract deployments requiring adjustments.

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