MetaMask’s secret weapon and Ethereum’s Dencun fiasco

Moore is so much more than that. Ethereum co-founder Vitalik Buterinthe de facto prelate of the world’s largest smart contract blockchain, stepped down from his position last week. Reddit “Ask Anything” I think it would be “reasonable” to increase the “gas limit” on the network. This is a very technical way of indicating the volume you can get. Interrupt into each new block. He proposed increasing it to “something like 40 million gas”, which would represent a 33% increase over the current limit of 30 million gas. (Yes, gas units in this context are just… gas.) According to Buterin, the main reasons why this is now possible are: moore’s law – Computing ability double every year. This is relevant because of the amount of data required to store Ethereum’s “state” (the complete history of its blockchain history). As computers become more powerful, they should theoretically be able to handle higher transaction volumes, potentially helping to reduce fees for end users. “There appears to be a constructive will. explore More on this topic,” analyst at Coinbase Institutional wrote. However, some members of the Ethereum community have raised yellow flags. Ethereum developer Péter Szilágyi said: tweeted Such increases may result in slower “synchronization times” on the network. “Larger blocks are definitely Increased block propagation delay This could potentially lead to: The number of missing blocks is higher.“ Ethereum software developer Marius van der Wijden said: estimated The network health is currently around 87GB and growing by 2GB per month. That would be 111GB ​​in 1 year or 207GB in 5 years. An era where you can buy a 1 terabyte thumb drive. Amazon.com for $19.99, doesn’t sound that scary. “The problem here is not size per se,” van der Wijden wrote. “Everyone will be able to store that much data, but accessing it and modifying it will be slower and slower.” There seems to be one consensus: the coming “Tenkun“Upgrading on the network introduces a new way of storing data as “BLOBs.” Effectively provides increased capacity.