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Ethereum Developers Launch “pump the Gas”

Campaign to Raise Gas Limit

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Core Ethereum developers have started the “pump the gas” campaign to raise the blockchain’s gas limit from 30 million to 40 million.

The initiative aims to reduce transaction fees on its primary layer by 15% to 33%, as announced on March 20. The idea stems from Eric Connor, a key Ethereum developer, and Mariano Conti, former head of smart contracts at MakerDAO, via a newly established website for the initiative. Their objective is to accommodate a 33% greater transaction volume daily on Ethereum, potentially reducing layer-1 transaction fees significantly.

Today, @nanexcool and I are launching an effort to help raise the Ethereum gas limit from 30mn to 40mnThis can result in a 15-33% reduction in L1 tx feesWe are calling on solo stakers, client teams, pools and community members to