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Ethereum’s New Safety Net: EIP-7983 Caps Transaction Gas at 16.77M to Thwart DoS Attacks

  • Ethereum is considering EIP-7983, a proposal to cap transaction gas at 16.77M to prevent DoS attacks.
  • This change aims to encourage developers to split large operations, facilitating zero-knowledge scaling and parallel processing.
  • The main impact will be on big DeFi contracts, with the update stabilizing fees and block times for most users.
  • The proposal aligns with Vitalik Buterin’s goal of simplifying Ethereum's core to enhance security and scalability.

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